The dictionary meaning of corruption is a bribe. Corruptin also means favours done by men in position to others for some monetory and other benefits. It is not desireable because it is an evil or immoral act.
In India corruption has been practised in all walks of life. Recently several scams have surfaced, it involves high profile politicians , beaurocrats , corporates, non government organisation, and influential people. Economically speaking , corruption is not good for an economy. It is also responsible for crimes, theft, exortion, land grabing, cheating, forgery, and all sorts of tensions and unrest among the people. Corruption is hated by all. It all requires a strong will and a bill which could punish all the corrupt people irrespective of their might and influence.