Financial Transparency Coalition

On Monday, October 10, a variety of prominent Indian business leaders under the larger title of India Inc released their second open letter to the Indian government. This letter argues for the need to make striking changes to India’s legislation regarding bribery and corruption. It was written with an eye toward a newly proposed law called the Lokpal Bill which has been discussed extensively over the past year and is expected to be formally presented before India’s parliament in the near future. This bill intends to fight corruption by creating an ombudsman-style body with the power...