A survey conducted by Centre for Media Studies (CMS) pegs the estimated amount to be spent on the Lok Sabha elections 2009, which would determine the next government in the country, at about Rs 10,000 crore ($2 billion).
At a staggering Rs 10,000 crore, the Lok Sabha polls this summer would cost more than what Barack Obama and others spent in the US presidential race.
According to information available with the US Federal Election Commission, Obama and other candidates collectively spent close to $1.8 billion (nearly Rs 8,000 crore) in the 2007-08 Presidential Elections.
CMS survey does not include the cost of holding assembly polls in states like Andhra Pradesh and Orissa.
While the cost of US elections was spread over a year, India would see the massive spending in a matter of months.
The estimated Rs 10,000 crore cost for the Lok Sabha elections includes about one-fourth or Rs 2,500 crore being spent through "unofficial money" or the cash to be paid to voters by the candidates, the CMS survey says.
The latest presidential elections in the US has been billed as the most expensive ever, with cost doubling from the previous elections held in 2004.
Similarly, the cost of general elections in India, according to CMS, is also set to more than double this year from about Rs 4,500 crore in last Lok Sabha polls and would be
the highest in the history of the country.
According to the CMS study, the government spending would be about 20 per cent of the total expenses, including about Rs 1,300 crore by Election Commission and about Rs 700 crore to be spent by various central and state government agencies for purposes like photo identity cards, EVMs and polling booth.
Various political parties are expected to spend about Rs 1,650 crore from their party funds, which would include about Rs 1,000 crore from the two main parties -- Congress and BJP alone.
In addition to spending by parties, candidates of the national parties are estimated to put in Rs 4,350 crore, while those from the regional parties are expected to spend another Rs 1,000 crore.
As per the information available with the US Federal Election Commission, Obama topped the list of all Presidential candidates by spending over $760 million -- more than double the amount of about $358 million spent by his Republican rival John McCain.
Another Democrat presidential hopeful Hillary Clinton spent about $244 million.
According to another set of estimates for the US elections compiled by Washington-based think-tank Center for Responsive Politics, the overall cost of the 2007-08 US federal elections was $5.3 billion, including about $2.4 billion on the presidential race
Showing posts with label Indian Election 2009. Show all posts
Showing posts with label Indian Election 2009. Show all posts
Tuesday, April 14, 2009
india starts to decide in 36 hours -who should i vote my first vote

every news channels gave their verdict today mostly a UPA led government(not with pre polls only with post poll alliance ) or the third front with outside support of congress led by mayawati or pawar .
being this my first elections last time i missed it since i stayed in Coimbatore . i did complete analysis to who to vote .after a long discussions and thinking i decided not to vote ,it will not be democracy from my part but i do have reasons
first prime ministerial candidates
1.manmohan highly educated ,economist still a puppet only achievement being the N-deal .
2.adavani - strong leader (good for hindus ) but main acquist in babri masjid case , jinnah masccare case
3.mayawati -she says she is for poor but she is the highest income tax paying politician did any one ask where is her income from .
and the final one being big ,my lok sabha candidates are M.K.azhgiri and his opponent is current MP mohan(left) .i dont want to mention about the first and the next is a MP for 10 years but i dont think he did something .
but i do have a choice by going to the booths and putting vote called i dont want to vote to any one ie 49O but will it make a change, definetly no and it will only if all of us just stop complaining ,go and vote atleast show you are a responsible citizen now so all please go and vote .
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