Tuesday 11 August 2009

Wastage in government

It was Rajiv Gandhi who, I believe, once observed that not more than 15 paise in every rupee the government spent on welfare schemes made it to their intended beneficiaries. Inefficiency, wastage and corruption accounted for the other 85 paise. Over 50 percent of tax revenue in many states go for payment of staff salaries. . .More. . .