Election cost revealed!
Mar 02, 2009

All eyes are on the forth coming Lok Sabha elections and how much will be spent on the election process. According to Centre for Media Studies (CMS), a survey was conducted and the magic figure is around Rs.10,000 crore (roughly USD 2 billion). This amount is stated to be more than the amount spent on the US presidential election. The US election cost according to US Federal Election Commission was put around Rs 8,000 crore (USD 1.8 billion)

Lok Sabha

In spite of the recession, India will experience a huge spending in the following months to come. It is also estimated by CMS that around Rs.2,500 crore would be spent on voters unofficially. Last Lok Sabha elections saw only Rs.4,500 crores meaning this year the cost is more than twice the previous amount.
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