List of scams in India

Others 4326 views 18 replies

CA Pooja Agarwal

Chartered Accountant

3228 Points Joined August 2011

This is why we say " India is a developing country"

The following is a list of alleged scandals in the country since independence. These consists of political, financial, corporate and many others.

2012 - Coal Mining scandal - INR1,070,000 crore

- Karnataka Wakf Board Land scam - INR200,000 crore

- Andhra Pradesh land scandal - INR100,000 crore

- Service Tax and Central Excise Duty scam - INR19,159 crore

- Gujarat PSU financial irregularities - INR17,000 crore

- Maharashtra stamp duty scandal - INR640 crore

- Ministry of External Affairs gift scandal

- Himachal Pradesh pulse scandal

- Flying Club fraud - INR190 crore

- Jammu and Kashmir PHE scandal

- Jammu and Kashmir recruitment scandal

- Jammu and Kashmir examgate

- Jammu and Kashmir Cricket Association scandal - Approximately INR50 crore

- Andhra Pradesh liquor scandal

2011 - UP NRHM scandal - INR10,000 crore

- ISRO's S-band scam

- KG Basin Oil scam

- Goa mining scam

- Bellary mining scam

- Bruhat Bengaluru Mahanagara Palike scam - INR3,207 crore

- Himachal Pradesh HIMUDA housing scam

- Pune housing scam

- Pune land scam

- Orissa pulse scam - INR700 crore

- Kerala investment scam - INR1,000 crore

- Maharashtra education scam - INR1,000 crore

- Mumbai Sales Tax fraud - INR1,000 crore

- Uttar Pradesh TET scam

- Uttar Pradesh MGNREGA scam

- Orissa MGNREGA scam

- Indian Air Force land scam

- Tatra scam - INR750 crore

- Bihar Solar lamp scam - INR40 crore

- BL Kashyap - EPFO scam - INR169 crore

- Stamp Paper scam - INR2.34 crore

2010 - 2G spectrum scam and Radia tapes controversy

- Adarsh Housing Society scam

- Commonwealth Games scam

- Uttar Pradesh food grain scam

- LIC housing loan scam

- Belekeri port scam

- Andhra Pradesh Emmar scam - INR2,500 crore

- Madhya Pradesh MGNREGA scam - INR9 crore

- Jharkhand MGNREGA scam

- Indian Premier League scandal

- Karnataka housing board scam

2009 - Madhu Koda mining scam

- Goa's Special Economic Zone (SEZ) scam

- Rice export scam - INR2,500 crore

- Orissa mining scam - INR7,000 crore

- Sukhna land scam - Darjeeling

- Vasundhara Raje land scam

- Austral Coke scam - INR1,000 crore

2008 - Cash for Vote Scandal

- Hasan Ali black money controversy

- The Satyam scam

- State Bank of Saurashtra scam - INR95 crore

- Army ration pilferage scam - INR5,000 crore

- Jharkhand medical equipment scam - INR130 crore

2006 - - Scorpene Deal scam

- Navy War Room Spy Scandal

- Punjab city centre project scam - INR1,500 crore

2005 - IPO scam

- Oil for food scam

- Bihar flood relief scam - INR17 crore

2004 - Gegong Apang PDS scam

2003 - Taj corridor scandal

- HUDCO scam

2002 - Stamp paper scam - INR20,000 crore

- Provident Fund (PF) scam [118][119]

- Kargil coffin scam[120]

2001 - Ketan Parekh securities scam

- Barak Missile scandal

- Calcutta Stock Exchange scam

2000 - India-South Africa match fixing scam

- UTI scandal - INR32 crore (US$6.38 million)

1997 - Cobbler scandal

- Hawala scandal

- Bihar land scam - INR400 crore

- SNC lavalin power project scandal - INR374 crore

1996 - Bihar fodder scandal - INR950 crore

- Sukh Ram telecom equipment scam

- C R Bhansali scandal - INR1100 crore

- Fertiliser import scandal - INR133 crore

1995 - Purulia arms drop case

- Meghalya forest scam - INR300 crore

- Preferential allotment scandal - INR5,000 crore

- Yugoslav Dinar scandal - INR400 crore

1994 - Sugar import scandal

1992 - Harshad Mehta securities scandal - INR5,000 crore

- Palmolein Oil Import Scandal, Kerala

- Indian Bank scam - INR1,300 crore

1990 - Airbus scam

1989 - St Kitts forgery

1987 - Bofors Scam

1981 - Cement Scandal including A R Antulay - INR30 crore

1976 - Kuo oil scam - INR2.2 crore

1974 - Maruti scam

1971 - Nagarwala scam - INR60 lakh

1965 - Kaling tubes scam

1964 - Pratap Singh Kairon scandal

1960 - Teja loan scam - INR22 crore

1958 - The Mundhra scam - INR1.2 crore

1956 - BHU funds misuse - INR50 lakh

1951 - Cycle import scandal

1948 - Jeep scam - INR80 lakh (US$159,600)

Courtesy:

Dhaval Patel
MBA club INDIA

Replies (18)

CA Ayush Agarwal

Kolkata-Pune-Mumbai

27344 Points Joined October 2007

Thanks for Sharing....

But in The Above List, Most of The UPA Goverment's Scam Has been Excluded.

CS RAJESH C.CHOUDHARY

ASSISTANT MANAGER

14607 Points Joined July 2011

Very nice list you have prepared. It is another thing that no one has ever been put behind bars.

The property of none of the political leaders involved has been put on auction.

So, in short, nothing will happen. Only the amount of scams is increasing.

Regards,

RAJESH CHOUDHARY

mukeshm

Finance MIS

223 Points Joined January 2009

" NO ONE CAN CONTROL IT ...This is why we can say " India is a Shining with Scam "

Guest

Human being are are the never satisfying animal. the greediness never end. i think 99.99% of the people join the politics with the intention to make money and not to serve the country.

this scam list will get longer and longer. until some strong steps will not be taken.

Daniel Watson

MBA

22 Points Joined October 2012

holly god where does india gets all this money so as these scams came into place in the first place????

SANYAM ARORA

“It's hard to beat a person who never gi

20173 Points Joined December 2010

Congress D Best Scam Party.

That's All i want to convey.

Regards

Sanyam

@CS Siddharth Bumb.

B.Com CA Final CS

5270 Points Joined September 2009

thanks for sharing.. as earlier said its na khatm honewala jurm....(scam, corruption etc) its shame for India, because of these people, normal people faced many problems...

Regards,

Siddharth Bumb

Satvir Singh

Newly minted CA

1733 Points Joined July 2009

I hope u will take some time out to study abt 'Growth of Indian Economy' also.

Devadas K S

One life one Dream

3525 Points Joined May 2010

Ohh... it's showing an increasing trend....very sad...

Sourav Banerjee MA,MSW

Shabda Bramha

8842 Points Joined July 2011

I better avoid adding my quotidian thoughts on the Indian Economy. Instead, I express my own past experience. It's mundane too, but it's a truth. How bitterly I had to memorise about the details of such scams when I was preparing for my Compititve Examinations !!! Just like the never ending Memorable Days ( There are more than 365 such days in a year ), the names of new scams surfaces with amazing regularity.

Gourav Kapoor

CA Final Student

2977 Points Joined July 2008

the fact - FREQUENECY of scams are increasing year by year.. REAL GROWTH OF INDIA

Ashutosh Biswal

Asst.Manager Finance

283 Points Joined May 2011

very nice list you have prepared.

It is another thing that no one has ever been put behind bars. The property of none of the political leaders involved has been put on auction. So, in short, nothing will happen. Only the amount of Scams increasing ..

C.S.LALITH KUMAR

25 Points Joined January 2012

COMMENT............IS VERY EASY TO SHARE....BUT WHY WE ARE NOT TRYING TO MAKE NOISE AGAINST THIS SCAMS....MR.SINGH LITT WE ALSO KNOW THE GROWTH OF INDIA BUT COMPAIRING TO GROWTH THIS SCAMS ARE VERY INTERESTING TO STUDY BCAUSE IN COMING DAYS WE ARE ALSO WOULD INVOLVE IN CORRUPTION BCAUSE ITS BETTER THAN TO SING "HAI RE MAHENGAI MAARGAI" MIGHT BE UR SUPPORT TO SCAMS PROMOTED UPA GOVT.EVEN IF WE WILL NOT TAKE ANY SERIOUS ACTION AGAINST THIS SCAMS I'M SURE THAT OUR FUTURE WILL COLLAPSE AND OUR POSITION ALSO BCUM LIKE PAKISTAN A DEVELOPED COUNTRY BY TERRORIST AND INDIA WILL DEVELOPED BY SCAMS....VERY SHAME TO SHARE THERE IS NO KEROSENE FOR POOR PEOPLE THEN HOW WE WILL COOK BCAUSE THERE IS NO LONG TIME THAT WE WILL ALSO NOT GET GAS CYLINDERS TO COOK.. TALKING ABOUT GROWTH FOR YOUR KIND INFORMATION UPA IS AGAIN USING MINORITIES CARD FOR VOTE BANK AND IT IS VERY DANGEROUS FOR INDIA AND AGAIN ONE MORE PAKSITAN WILL DEVELOP IN INDIA...SO PLZ DONT TAKE IT EASY