Corruption
27 May 2012. The government plans to make corruption in private sector a penal offence with imprisonment up to seven years for the offenders. The offence includes both giving and accepting it.
The draft Indian Penal Code (Amendments) Bill, 2011, circulated to States and Union Territories by the Centre for their comments, would cover graft by an individual, firm, society, trust, association of individuals, company, whether incorporated or not, which undertakes any economic or financial or commercial activity.
