What we need to reduce scams is better regulatory bodies.

The regulatory body should be taken care of our system like other country. There are no strigent rule Indian consitution is very flexible thats why ministers are making fun of our consituation. Regulatory bodie must take some strict action against them.

There is urgent need of formining a new body because our exixting regulatory bodies are also under succpect. This regulatory body should be head of all antycurreption body because no one is perfect either CVC or CBI. So for eleminating this problem a top full powerd anty corruption body must be here.

If they see the money there nature will be changed. we can try to prevent this by conducting surveys educating them about our country and the poor. whereas the politicians they are already educated but its our work to elect a perfect leader for our country who can develop the country and the rules and regulations in our country should be strict enough that the person should not think to do such things.If the political leaders are arrested also the jail for them will be like a VIP house.This is the difference between developed countries and India.

Hello friends, I'm Nish Babar.

According to me, a scam means fraud or corruption in any sector like financial, social justice, or educational sector.

Every day we read in news such types of scams, for example, trp increasing scam also Satyam scandal scam it is financial fraud related to foreign companies investment.

I think such scams affect both individuals as well as nations.

But if there is proper control on such sector then it will be reduced. To set up regulatory bodies also laws against such scam.

Not only set up but most important is implement it. Those who not follow instructions, rules should punishable.

Sometimes the officers in regulatory bodies also involve in such cases so it must to choose the right one.

Check audit of work of every company will reduce scam. It's mandatory to provide a legal documentary of every project & must to provide data of work. So it is easy to handle /reduce this type of scan.

Thank you.

Hi everyone.

Yes, I think I am totally agree with the point that if we want to reduce the scams then we must have some good regulatory bodies.

There are many types of scams like cybersecurity scams, digital scams, fraud and more so for this we must have some regulatory bodies to takle this types of issue.

I think the judiciary is responsible for series of scams. There are not stringent punishment for any criminal act like china.