Posted: September 19th, 2015

Business – International Business.

Discuss employment practice, human rights, environmental and corruption issues related to business operations in France.
Example: A Federation of Indian Chambers of Commerce and Industry(FICCI) and Ernst & Young study ‘Bribery and Corruption: Ground Reality in India’ revealed in 2013 that between October 2011 and September 2012, corruption in India, including major scams (like the Commonwealth Games scandal) added up to a financial cost of Rs. 36,400 crores (USD 5.92 billion). To put that in perspective, India’s healthcare budget for the year 2012-2013 was 24,890 crores (USD 4.05 billion) or 68 percent of the amount lost to corruption. Corruption is also costing India in numerous ways that are not immediately quantifiable. India’s goal to transform itself into a market for foreign companies and attract investment is increasingly being challenged by corruption and red-tape.

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