Lok Sabha Elections 2019 has flashed the mammoth money show with Rs. 55,000-60,000 crore of expenditure as per the Centre for Media Studies (CMS) sources. BJP topped the chart with 27,000 crore of spending alone sharing 45% of total money poured followed by Congress at 15-20 percent of total money.
Election spends in 2019 almost doubled from last general election held in 2014 with estimated Rs.30,000 crore.
General elections 2019 termed as “The most expensive election ever, anywhere”.
The other key highlights of money pouring estimated as below:
- Approx Rs 100 crore expenditure happened in each Lok Sabha constituency
- Estimated Rs 700 per vote expenditure was counted
- Individual candidates spend topped at 40 crores for 75-85 constituency seats
- Heavyweight expenditure constituencies are Amethi & Azamgarh seats in UP, Mandya-Shimoga in Karnataka, Bhopal-Guna in Madhya Pradesh, Thiruvananthapuram in Kerala and Baramati-Nagpur in Maharashtra, with others.
CMS further reported, direct distribution to voters calculated approx Rs 12,000-15,000 crore followed by Rs 20,000-25,000 crore of expenditure on publicity. Logistics spends remained around Rs 5,000 crore, formal spends remained at Rs 10,000-12,000 crore, with miscellaneous spends at Rs 3,000-6,000 crore. Corporate has emerged as the prime source of election 2019 funding.
During elections 2019 the cash and bounty seizures remained at top as well with Rs 3,475 crore of cash and other items including Rs.844 Cr of cash with Rs.304 Cr of liquor followed by Rs.1,279 Cr of drugs/narcotics followed by Rs.987 Cr of precious metals, and freebies of Rs.60 crore.