Parties spend on LS polls up by more than 400% in last decade

March 3, 2015

New Delhi, Mar 3: In the last 10 years, the declared expenditure by political parties for the Lok Sabha elections grew over 400 percent, with BJP and Congress topping the charts in terms of capital mop-up, according to data analysed by the Association for Democratic Reforms.

Spending on publicity is driving most of the increased expenditure.

LS polls moneyThe total for last three general elections was Rs 2,237 crore including BJP’s Rs 1,171 crore, followed by Congress’ Rs 778 crore, BSP’s Rs 110 crore, NCP’s Rs 91 crore, CPM’s Rs 66 crore and CPI’s Rs 20 crore, the study revealed.

The report said that the total funds raised by these six parties grew to Rs 1,158.59 crore in 2014 Lok Sabha polls, from Rs 223.8 crore in the 2004 general elections.

“Over a period of 10 years, funds collected by national parties during Lok Sabha elections increased by 418 percent,” ADR said, while adding that funds were collected over a 75-day period from the the date of announcement of elections and the date of completion of polls.

On their expenditure, the report said that “over a period of 10 years, the expenditure incurred by national parties during Lok Sabha elections increased by 386 per cent.”

The national parties considered for the report are BJP, Congress, BSP, NCP, CPI, and CPM, it added.

These parties incurred total expenditure of Rs 2,454 crore during the last three general polls, the report said, while adding that the expenses have exceeded the amount of funds declared to be collected by them during the election period.

The main heads under which political parties declared their expenses are “publicity, travel, other/miscellaneous expenses and expenditure on candidates”.

“During Lok Sabha elections in 2004, 2009 and 2014 together national parties spent 50.58 percent of their total expenditure on publicity, 19.68 percent on travel expenses and 15.43 per cent on candidates and 14.31 per cent on other expenses,” the report said.

The national parties collectively spent Rs 661.26 crore on media advertisement, Rs 126.94 crore on public meetings and Rs 70.77 crore on publicity materials during Lok Sabha polls in 2014.

“BJP spent the maximum amount of Rs 342.36 crore on media advertisement followed by Rs 89.56 crore on public meetings and Rs 31.35 crore on publicity materials,” the report said.

“The total funds collected by national parties amounted to Rs 2,237.28 crore during Lok Sabha 2004, 2009 and 2014 elections, of which 54 per cent or Rs 1,205.92 crore was collected by cheque, while 45 per cent or Rs 1,007.81 crore was collected by cash,” it said.

With an expenditure of staggering Rs 1,263.94 crore, BJP topped the overall expenses list for the last three Lok Sabha elections. It is followed by Congress which shelled out Rs 1,015.86 crore during the same period.

These two parties were followed by NCP whose expenses touched Rs 76.4 crore, BSP (Rs 55.5 crore), CPM (Rs 26.92 crore) and CPI (Rs 15.36 crore).

Total expenditure of national parties during Lok Sabha 2014 elections increased by 49.43 per cent, to Rs 1,308.75 crore from Rs 875.81 crore during Lok Sabha 2009.

In the 2014 Lok Sabha polls, which saw the BJP coming back to power with a thumping majority, the party shelled out Rs 712.48 crore.

During last year’s general polls, Congress incurred an expenditure of Rs 486.21 crore. The least spent was made by CPM at Rs 8.8 crore.

In terms of fund collection, BJP mopped up the highest of Rs 588.45 crore for the last year’s polls, the report said.

“BJP declared the highest amount of funds collected during Lok Sabha elections, 2014. The party declared collecting Rs 588.45 crore over 75 days of election period,” it noted.

Congress declared the second highest amount of Rs 350.39 crore followed by NCP with Rs 77.85 crore and BSP with Rs 77.26 crore.

“CPI declared the least funds collected (Rs 9.52 crore) during the 75 days of election period,” the report said.

The Lok Sabha election period in 2014 was spread across 75 days.

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News Network
June 20,2020

New Delhi, Jun 20: A rare celestial event, annular solar eclipse, which is popularly known as the "ring of fire" eclipse, will be visible this Sunday in India.

It will be the first solar eclipse of this year takes place on the summer solstice, which is the longest day in the Northern Hemisphere.

While people living along the path annular eclipse passing through Anupgarh, Suratgarh, Sirsa, Jakhal, Kurukshetra, Yamunanagar, Dehradun, Tapowan and Joshimath will be able to see the annular phase, people in rest of India can witness a partial eclipse, said the Ministry of Science and Technology.

When Moon comes between the Sun and Earth, the shadow falls on the surface of the Earth. The Sun is entirely covered by the Moon for a brief period. Those places that are engulfed by the dark, dense umbral shadow of the Moon experience the total solar eclipse. In the regions that plunge into the soft diffused penumbral shadow of the Moon experience the partial eclipse.

"Annular solar eclipse is a particular case of the total solar eclipse. Like the total solar eclipse, the Moon is aligned with the Sun. However, on that day, the apparent size of the Moon happens to be a wee smaller than the Sun. Hence the Moon covers the central part of the Sun, and the rim of the Sun appear like a 'ring of fire' in the sky for a very brief moment" explains Samir Dhurde of The Inter-University Centre for Astronomy and Astrophysics, Pune.

During the solar eclipse, the apparent size of the Moon is smaller than that of the Sun by 1 per cent, the expert said.

Allying rumours that the eclipse will mark the end of coronavirus, Aniket Sule, Chairperson, Public Outreach and Education Committee of the Astronomical Society of India, said: "Solar eclipse is caused when the Moon comes in front of the Sun for a short time. As seen from Earth eclipses occur somewhere in the Earth 2 to 5 times a year. Eclipses do not impact microorganisms on Earth. Likewise there no danger in eating of stepping out during an eclipse. No mysterious rays come out of the Sun during an eclipse."

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News Network
April 11,2020

Thiruvananthapuram, Apr 11: The effective handling of Covid-19 pandemic by the Kerala Government has received a big endorsement in the International media with the latest being a report in Washington Post which suggests that the State’s success could prove instructive to the entire country.

The Washington Post quoted Kerala Health Minister K K Shailaja Teacher as saying “We hoped for the best but planned for the worst. Now, the curve has flattened, but we cannot predict what will happen next week.”

"The Minister said six states had reached out to Kerala for advice. She, however, noted that it might not be easy to replicate Kerala’s lessons elsewhere," according to the Minister's office quoting the report here on Saturday.

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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