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Understanding the Demand and Supply Equations of Corruption and Fraud

Global Compact Network India partnered with the International Business Leaders Forum for the successful execution of the Stakeholder Consultations in Bhubaneswar, Mumbai, Delhi and Hyderabad. ‘The chapter on stakeholder consultation in the report, has been compiled by Ms. Shabnam Siddiqui of Global ‘Compact Network India & Mr. Joe Phelan of International Business Leaders Forum with assistance from Ms. Jot Prakash Kaur & Ms. Chitra Nair.
We are grateful for the support of Xavier Institute ‘of Management in Business, Bombay Chamber of Commerce and Industry, Oil and Natural Gas Corporation, Federation of Indian Chambers of Commerce and Industry ‘and National Mineral Development Corporation for {aciltating the Consultations around this report.

Raising the Bar Through Collective Action: Anti-Corruption Efforts in Action in India

The UN Global Compact is the largest voluntary corporate citizenship initiative in the world and offers a unique platform to engage companies in responsible business behaviour in the world, through the Ten Principles in the areas of human rights, labour standards, environment and anti-corruption. It provides access to the United Nations’ broad knowledge base in development issues as well as in mobilizing governments, businesses, civil society, labour organizations and academic institutions to take collective action. Today there are more than 90 Global Compact Local Networks in key markets across the world. The Networks provide an opportunity for members to share experiences, innovative practices and to collaborate for furtherance of responsible business values within country specific contexts.

Business case for Anti- Corruption in India

The Anticorruption Collective Action Project (CAP) was launched by UNGC in five countries, (Brazil, Egypt, India, Nigeria and South Africa), in December 2010, with support from Siemens Integrity Initiative. The Project aims at devising business integrity measures on the basis of the 10” UNGC Principle, to facilitate companies to operate with UNCAC recommended standards. The project also aims to foster a high- impact collective action platform on anti-corruption by facilitating on-going dialogue between private and public sectors.

INTEGRITY PACT IN INDIA : Glancing Back and Looking Forward

The British High Commission is pleased to be associated with UN Global Compact Network India and Transparency International India in promoting the Integrity Pact. The United Kingdom chaired the Open Government Summit in 2013. There, Prime Minister David Cameron set out the 'golden thread of conditions' which create a thriving country: the rule of law, the absence of conflict, strong property rights and institutions, and, of course, freedom from corruption. And the evidence is clear: corruption is bad for social and economic development, bad for business and bad for a country's reputation.

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