Corruption Impacts our Governance and E thics . Dinesh Kumar Kapila, CGM NABARD (Retd) (Published in The Business Sandesh of 05/11/2026) Centuries ago Chanakya (Kautilya) viewed corruption as an inherent risk of human nature when individuals are granted administrative power and financial custody. In his magnum opus, the Arthashastra , he dedicated entire chapters to state revenue, bureaucratic conduct, and the detection of embezzlement. His insights on public corruption are strikingly realistic, blending dark psychological observations with highly structured, pragmatic solutions. The off the book incentives required to set up a business in our nation are known but we obfuscate the issue or are resigned to the process. Permissions required in transfers of title deeds often entail a cost of servicing the process. It could be argued that these are lower order functionaries but it could be a reasonable assumpti...
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