Does the election expenses limit have any meaning?
March 5, 2014
The election commission has upped the expense limit for Lok Sabha elections from Rs40 lakh to Rs70 lakh per candidate in big states. But 129 or 30% out of 437 MPs spent Rs14.62 lakh or 59% of the expense limit during the last general election
Moneylife Digital Team
The Indian government has cleared a proposal by Election Commission to increase the expenditure limit for Lok Sabha elections to Rs70 lakh from Rs40 lakh per candidate in big states.