66% businesses in India resort to bribe to get their work done: Report

Dec 9, 2024 - 16:30
66% businesses in India resort to bribe to get their work done: Report

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A LocalCircles report revealed 66% of Indian businesses admitted to paying bribes in the last year. 54% felt coerced, while 46% bribed voluntarily for faster processing. Despite digitization, bribery persists, particularly with government agencies, impacting areas like supplier qualifications and payments. However, both frequency and value of bribes reportedly decreased.

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