The Hidden Threat: Assessing the Societal and Economic Fallout of White Collar Crime in India

This paper aims to examine the prevalence of white-collar crime in India, its evolution over time, and its impact on the economy and society. White-collar crime denotes financially motivated, nonviolent actions perpetrated by those in positions of authority or trust. Although it has always existed in India, there has been a notable increase in recent years, leading to considerable economic losses and erosion of public confidence. This study seeks to understand the effect contributing to the rise of white-collar crime, its influence on the Indian economy, and its societal implications through a literature review and data analysis. The paper also discuss viable laws to mitigate this form of crime and foster ethical corporate practices.