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Election Is A Costly Affair

16-03-2009 | Kunal

In 1952, when the first Lok Sabha elections were held, the cost to the exchequer to hold the elections came to Rs.10.5 crore. That cost rose enormously in the 1990s - to Rs.359 crore in 1991, Rs.597 crore in 1996, Rs.666 crore in 1998 to Rs.880 crore in 1999. The administrative costs rose to Rs.1,300 crore in the 2004 Lok Sabha elections. While Rs.850 crore has been budgeted this year, official sources say the amount may have to be revised upwards.

A few market estimates suggest that the combined expenditure on the campaign plus the EC expenses works out to at least six to seven times this amount. This is the case when under the present laws, for the campaign a candidate can spend Rs.10 lakh to Rs.25 lakh in a parliamentary poll and from Rs.5 lakh to Rs. 10 lakh in an assembly poll and has to submit detailed accounts for this. The amount varies in different states. The rule, however, is observed more in its breach than in practice.

The election is a costly affair – vote to save such huge investment.

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