Delhi MCD Election Results 2017

Source: media reports

Politics | Rs10,000 cr may be spent on elections

Politics | Rs10,000 cr may be spent on elections
PTI
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First Published: Fri, Feb 27 2009. 11 23 PM IST
New Delhi: India will see a staggering Rs10,000 crore, equivalent to the foreign direct investment it received in 1995-96, being spent on Lok Sabha polls this summer, with a fourth of the amount expected to be splurged on voters.
The official spending is likely to be about 20% of the total expenses, including about Rs1,300 crore by the Election Commission, and the rest by political parties in campaigning, says a survey by Centre for Media Studies (CMS). An amount of Rs2,000-2,500 crore would be spent in form of “unofficial money” or cash paid to the voters.
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First Published: Fri, Feb 27 2009. 11 23 PM IST