Most of the times, the lack of transparency results into lack in acquiring enough resources to establish a successful and thriving business. The lack of transparency on part of the governing bodies creates an environment of uncertainty due to which the companies often shy away from doing long term planning leading them to a short term focus which ultimately leaves an adverse effect on the business. The lack of transparency in the system leaves the NRIs wanting to establish their business in India confused as they are not accustomed to the high level of red tapism and hurdles faced by the businesses in India. Transparency International in its study on index of corrupt countries in 2012 placed India at 94th rank out of 176 countries while Somalia tops the list. Corruption in all walks of life in India is making it weak and has adverse impact on its growth. As per an estimate 80% of the public servants in India are corrupt because of which the wheel of growth is being pulled down. This also adversely affects setting up of new business in the country as to set up a new business one has to go through various levels of red tapism most of the times and still there is a culture of bribes in most of the government offices. The people have to pay bribe to get a job done in a public office. As per an estimate more than Rs. 24,000 crores is paid in bribes. Government regulators and police share in bribe money. Various government officials, politicians in connivance with Criminals tend to create problems for anyone willing to establish a new business in the country. The connivance of politicians and criminals hampers the establishment of new business in the country. Political and regulatory risks also pose a major challenge to the investors willing to set up their business in India. Apart from all that the foreign investors also have to face the challenge of facing rampant bureaucracy at various levels of the system. The procedure of filing various types of taxes and other fees is also very complicated which leaves many open loop holes for the officials to make money through bribes and commissions. Most of the times, the lack of transparency results into lack in acquiring enough resources to establish a successful and thriving business. The lack of transparency on part of the governing bodies creates an environment of uncertainty due to which the companies often shy away from doing long term planning leading them to a short term focus which ultimately leaves an adverse effect on the business. The lack of transparency in the system leaves the NRIs wanting to establish their business in