India: Procurement Frauds

Any study of procurement frauds in India would be primarily in the context of procurements by the government and public sector undertakings. India, with its mixed economy, has a vibrant private sector and reported cases of procurement frauds from private business and industry have been few and far between. The law enforcement and investigating agencies have been primarily concentrating on protecting government funds. Government departments and public sector undertakings are the biggest buyers in India with purchases ranging from ordinary office stationery to the most sophisticated technical equipment required in railways, telecoms, power and defence sectors etc.