Kiran Karnik to head panel on pvt sector graft

Three days after the Prime Minister indicated that bribes in the private sector will be treated as a crime in the same way it is in the public sector, the government has firmed up its action plan. A committee, headed by Kiran Karnik, one of the key technocrats to have led the outsourcing boom in the country, will form a comprehensive policy that will clearly stipulate penalties for corrupt practices in private sector dealings. The policy will form the basis for amending laws that will treat bribery in private sector as a criminal offence.

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