Ratan Tata-The Chairman of Tata Motors(One of the biggest automobile companies in India)said-“If you choose not to participate in [corruption], you leave behind a fair amount of business.”India has become a major hub for companies to start their business due to cheap labour,land and various other factors but for a business to thrive in a country like India-does the functioning of the business have to be unethical? There have been many scams or scandals as of late-the 2G Spectrum Scam,Satyam Scandal,Commonwealth Games Scam,etc. Does this mean that all the big companies in India are corrupt? The mangers refer to this this type of working as”Jugaad” which means to find you way to get what you want.In India most of the companies follow this system of Jugaad where they use unfair means to manipulate things and make things in their favour.

Today,Some politicians have revolted against this form of corruption.The Lok Pal Bill was formulated to eradicate corruption from the System but it never got passed in the Constitutional Parliament of India.The big Question right now is that -Do the businessman still want the Indian System to be corrupt or do they want to mend the system and work ethically to achieve their goal.

References:

“Business vs. Ethics: The India Tradeoff? – Knowledge@Wharton.”KnowledgeWharton Business vs Ethics The India Tradeoff Comments. N.p., n.d. Web. 09 Nov. 2014.