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India's rating on global corruption index improves, ranked 85th; China, Turkey fall behind

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Transparency International has released its annual Corruption Perception Index (CPI) report for 2014. India has been ranked 85th
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India ranks 85th among 175 nations on perceived corruption index, according to Transparency International (TI), the global watchdog on graft and abuses of power.

According to TI, India has improved slightly from the past year, with a score of 38, compared to 36 in 2013. Its ranking though an improvement from last year's 94th is still lower than sub-Saharan countries such as Benin and Burkina Faso.

Transparency International issues an annual report measuring perceptions of graft rather than actual levels given the secrecy surrounding most corrupt dealings. It uses a scale where 100 stands for the most clean and 0 for the most corrupt.

The Berlin-based organisation published its 2014 Corruption Perceptions Index of 175 countries on Wednesday and it showed Turkey's record had worsened the most precipitously in 2014, dropping by five points to 45.

A corruption scandal broke out in Turkey in late December last year, the worst since the Islamist-rooted AK Party came to power more than a decade ago.

China's rating fell by four points to 36, even though Beijing's Communist government has launched a concerted campaign to weed out venal officials, the TI report said.

Beijing's low score matched a poor performance by Chinese companies in the watchdog's recent report on corporate disclosure practice. "Grand corruption in big economies not only blocks basic human rights for the poorest but also creates governance problems and instability," TI Chairman Jose Ugaz said in a statement in the report.

It urged states ranked at the bottom of the index to take radical anti-graft steps in their people's interest. "Countries at the top of the index should make sure they don't export corrupt practices to underdeveloped countries," Ugaz said.

Corruption undermines economic growth and efforts to stop graft tend to fade when even high level officials abuse their power to embezzle public funds for personal gain, he said.

More than two thirds of the 175 countries in the index scored below 50 with Somalia, North Korea, Sudan, Afghanistan and South Sudan once again at the bottom.

The top performer was again Denmark with 92 points, a rise of one from last year, and New Zealand, Finland, Sweden and Norway again rounded out the top five.

Ukraine (26 points) remained the European country with the highest perceived level of graft. Italy, Greece and Romania (43) jointly scored the worst among the European Union member states.

TI also urged the EU, United States and G20 countries to follow Denmark's lead and create a public register that includes beneficial ownership information for all incorporated companies.

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