Nepotism has seeped into almost every field of life be it politics, places of worship, the work-place, and even social organisations. Family ties, romances, personal likes and dislikes and friendships are issues faced by organisations the world over. Dynastic rules in politics and family business is very common around the world and especially in India.
However, Chartered Accountant Sujan Talwarkar, Mumbai, notes," Fortunately there is much less of nepotism now. Maybe the steps we have taken seem small and insignificant compared to the more gigantic strides the developed countries have taken. But for India to grow and survive in the international markets where competition is the order of the day; there is no place for nepotism. Nepotism spells inefficiency, corruption, and slip-shod work ethics."
source - http://timesascent.in/article/1/200905262009052617300788075a5c35a/Dealing-with-nepotism.html