The issue of corruption has grown and overshadowed the second term in office of the Congress-led coalition headed by Prime Minister Manmohan Singh, said PERC in its Asian Intelligence report on Asian business and politics.
The government has been wracked by a series of scandals involving the sale of telecom licenses, preparations for the Commonwealth Games, a land scam involving high level military officers, and improper property loans made by state-owned financial institutions, it said.
Though investigations were under way to be followed by court trials, Indians were still questioning whether or not the prime minister has the political muscle to fight graft and whether the actions now being taken were more for show than proof that the government was really cracking down on business practices that were common but corrupt, it said.
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United States occupies the eighth position.
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