ACCORDING TO WIKIPEDIA :-
It is an anti-corruption law in India which “seeks to provide for the establishment of the institution of Lokpal to inquire into allegations of corruption against certain public functionaries and for matters connecting them”.
It was tabled in the Lok Sabha on 22 December 2011 and was passed by the house on 27 December 2011 as The Lokpal and Lokayuktas Bill, 2011. The bill was subsequently tabled in the Rajya Sabha on 29 December 2011. After a marathon debate that stretched until midnight of the following day, the vote failed to take place for lack of time.On 21 May 2012, the bill was referred to a Select Committee of the Rajya Sabha for consideration. The bill was passed in the Rajya Sabha on 17 December 2013 after making certain amendments to the earlier Bill and in the Lok Sabha on 18 December 2013.
The Bill received assent from President Pranab Mukherjee on 1 January 2014.
The bill was introduced in parliament following massive public protests led by anti-corruption crusader Anna Hazare and his associates.The bill is one of the most widely discussed and debated bills in India, both by the media and the People of India at large, in recent times.The protests were named among the “Top 10 News Stories of 2011” by the magazine Time.The bill received worldwide media coverage.
Corruption is an emotional issue in India, where at least 12 whistle-blowers were killed and 40 assaulted after seeking information under a new Right to Information Act aimed at exposing local graft, according to data compiled by Bloomberg L.P. from January 2010 through mid-October 2011. Enacted by Singh six years ago, the legislation became the most powerful tool for fighting wrongdoing in politics and business, with 529,000 requests filed in the year through March.
In 2011, India ranked 95th in the Corruption Perceptions Index of Transparency International. A recent survey estimated that corruption in India had cost billions of dollars and threatened to derail growth.India lost a staggering $462 billion in illicit financial flows due to tax evasion, crime and corruption post-Independence, according to a report released by Washington-based Global Financial Integrity.
Source :- http://en.wikipedia.org/wiki/The_Lokpal_and_Lokayuktas_Bill,_2013
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