Thursday, January 14, 2010

Registras of Corruption

A recent experience in a Land Register office in the outskirts of Bangalore gave me an insight on how our babus are beating the computerized system.

Brokers still play a key role in getting the appontment for registering the land ( selling or buying, they have a strong influence on how fast your work gets done at the office. Going by the normal token system would make one spend a full day outside the office and the officials may trouble with queries.

For both the buyer and seller the costs of buying and selling prove to be costlier since the broker inflates the price and pockets a cool 10% of the selling price and shares the bounty with the babus.

Land registration ( Agricultural, Residential and Commercial) has been handled hap handedly since independence. Many regulations have been brought in but corruption is evident in all things related selling and buying land.

It is not more laws but more computerization of the whole process that is needed.

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