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2024 Lok Sabha Elections To Cost Over Massive Rs 5,000 Crore?

The Union Government had tabled a proposal that seeks the release of as much as Rs 3,147.9 crores for the Lok Sabha polls as per the media reports.

By:  Tupaki Desk   |   12 Dec 2023 4:04 PM GMT
2024 Lok Sabha Elections To Cost Over Massive Rs 5,000 Crore?
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The poll-bound states went for the general elections recently. As we are done with the general elections in the states, the focus went on to the big elections, the 2024 Lok Sabha elections. While the BJP wants to win the third consecutive win, the opposition parties formed a grand alliance named INDIA bloc to defeat the BJP.

Ahead of the Lok Sabha elections, an interesting development took place which grabbed the attention of everyone. The Union Government had tabled a proposal that seeks the release of as much as Rs 3,147.9 crores for the Lok Sabha polls as per the media reports.

Rs 3000 crores is not a small thing. But the proposed amount would take the total possible amount that might be spent on elections to whopping 5,000 crores. Earlier over Rs 200 crores were allocated earlier.

A massive Rs 2,183.8 crores were allocated for the elections for the elections by the Center earlier. Now the Centre reportedly wants the release of Rs 3000 crore more for the elections.

Given the strength the BJP has, the proposal might get a nod and the massive amount might be released for the election funds. In total over Rs 5000 crores might be spent for the polls as per the information.

As per the information as much as Rs 1,891.8 crores might be spent for the Lok Sabha Elections, including the voter ID cards and other expenses. The remaining amount might be spent on other expenses related to the elections and the related expenses.

On the other hand, the expenditure that goes into the elections has been increasing with every term. In the 2014 elections, around Rs 3,870.3 crores were spent, which is more than twofold compared to the previous election. Now it looks like, the 2024 Lok Sabha elections might cost around Rs 5,331.7 crore.