India stands at 82 in ‘Global bribery risk’ rankings, dips by five spots

India stands at 82 in ‘Global bribery risk’ rankings, dips by five spots

Daily Current Affairs   /   India stands at 82 in ‘Global bribery risk’ rankings, dips by five spots

Change Language English Hindi

Category : International Published on: November 18 2021

Share on facebook
  • In a global list that measures business bribery risks, India has dropped to 82nd place in 2021, down five places from 77th last year.
  • According to this year's data, North Korea, Turkmenistan, Venezuela, and Eritrea have the highest risk of commercial bribery, while Denmark, Norway, Finland, Sweden and New Zealand have the lowest risk.
  • According to the data, India ranked 77th in 2020 with a score of 45, while it ranked 82nd this year with a score of 44.
  • The TRACE Bribery Risk Matrix assesses the likelihood of bribe demands in 194 jurisdictions.
  • It was first published in 2014 to address a need in the business community for more reliable and nuanced information about the risks of commercial bribery around the world.
  • The ranking of countries is based on four factors - business interactions with the government, anti-bribery deterrence and enforcement, government and civil service transparency, and capacity for civil society oversight which includes the role of the media.

Important Takeaways

Top ten List of Global bribery risk’Index

  1. Denmark 
  2. Norway
  3. Sweden
  4. Finland 
  5. New Zealand
  6. Germany
  7. Netherlands
  8. Switzerland
  9. United Kingdom
  10. Canada 
Recent Post's
  • PM Modi inaugurated Assam’s first bamboo-based bioethanol plant at Numaligarh Refinery Limited (NRL), boosting green energy and local development.

    Read More....
  • Albania became the first country to appoint an AI system ‘Diella’ as Minister for Public Procurement to ensure corruption-free governance.

    Read More....
  • India announced the opium poppy cultivation policy for 2025-26, supporting farmers and safe production of alkaloid medicines.

    Read More....
  • Indian boxer Minakshi won gold in the women’s 48kg category, defeating Kazakhstan’s Nazim Kizaybe 4-1.

    Read More....
  • Prof. Pradeep Kumar Prajapati assumed the role of Director at All India Institute of Ayurveda, New Delhi.

    Read More....
  • Indian women’s hockey team won the silver medal, losing 1-4 to China in the Asia Cup final.

    Read More....
  • The Indian Navy commissioned INS Aravali in Gurugram, enhancing maritime domain awareness and operational coordination.

    Read More....
  • PM Modi laid the foundation for ₹7,300 crore development projects in Manipur, enhancing infrastructure, connectivity, and welfare schemes.

    Read More....
  • India and Norway held their first Maritime Security, Disarmament, and Non-Proliferation Dialogue in Oslo to strengthen strategic cooperation.

    Read More....
  • Author Anand V. Patil received the Prof. V.K. Gokak Award in Bengaluru for his outstanding contributions to children’s literature.

    Read More....