Highlights

  • 10% hike in budget allocation for spending in election related expenses
  • Budget allocation rises to Rs 2,442.85 crore
  • Rs 1,000 crore will go towards Lok Sabha election

Latest news

iQOO Buds Review: Monster Battery and Serious Gaming Chops for under ₹2,000 

iQOO Buds Review: Monster Battery and Serious Gaming Chops for under ₹2,000 

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

CMF Buds Neo Review: 35dB ANC, 52-Hour Battery and Incredible Value

CMF Buds Neo Review: 35dB ANC, 52-Hour Battery and Incredible Value

iQOO Z11 Review: A Balanced Mid-Range Powerhouse

iQOO Z11 Review: A Balanced Mid-Range Powerhouse

Samsung Galaxy Watch 9 Review: Familiar, Faster And Better Where It Matters

Samsung Galaxy Watch 9 Review: Familiar, Faster And Better Where It Matters

Samsung Galaxy Watch Ultra2 Review: A Smarter, Tougher and Longer-Lasting Ultra

Samsung Galaxy Watch Ultra2 Review: A Smarter, Tougher and Longer-Lasting Ultra

Gabit Smart Ring Review: A Better Way To Track Your Health? 

Gabit Smart Ring Review: A Better Way To Track Your Health? 

Xiaomi Power Bank 5i 20000 67W Review: A Powerful Travel Companion

Xiaomi Power Bank 5i 20000 67W Review: A Powerful Travel Companion

Ahead of 2024 general assembly polls budget allocates 10% hike in funding for election related expenses

Finance Minister Nirmala Sitharaman in the interim budget allocated Rs 2,442.85 crore for election related expenditure which is a 10% hike compared to last year's

Ahead of 2024 general assembly polls budget allocates 10% hike in funding for election related expenses

Budget 2024: In her short budget speech, Finance Minister Nirmala Sitharaman had a special announcement for the upcoming general election. The budget has allocated a 10% hike in spending for election-related expenses.

Election budget allocation

The allocation for poll expenses has risen from Rs 2,183.78 crore in 2023 to Rs 2,442.85 crore in the interim budget. Out of this Rs 1,000 crore will go towards the Lok Sabha elections, up from Rs 180 crore allocated last year.

Also Read: Moody's says not much improvement in debt affordability in India; here's FM's message to ratings agencies

Similarly, Rs 1,003.2 crore has been allocated this year for poll related activities like preparation and printing of electoral rolls earlier. Last year only Rs 94 crore was allocated for poll-related activities. This hike is done keeping in mind that all states and Union territories have been simultaneously updating and printing electoral rolls, ahead of the big election.

Likewise, from Rs 18 crore allocated towards voter identity cards in 2023, the amount has been hiked to Rs 404.81 crore this year. In total, from Rs 292 crore allocated towards the ‘Organs of Elections’ in 2023, the amount has been significantly stepped up to Rs 2,408 crore in 2024 for the conduct of general elections. This is mainly to catch up on the major expenses being incurred since late last year.

The bulk of the expenses is always given towards placing orders for electronic voting machines and voter verifiable paper audit trail machines. While Rs 1,891 crore was allocated for the two machines, revised estimates rose to Rs 2,502 crore to meet the supply needs according to electoral timelines.

To ensure availability of additional EVMs an extra Rs 34.84 crore is set aside.

Frequently Asked Questions

The budget allocated a 10% hike in funding for election-related expenses.

ADVERTISEMENT

Up Next

Ahead of 2024 general assembly polls budget allocates 10% hike in funding for election related expenses

Ahead of 2024 general assembly polls budget allocates 10% hike in funding for election related expenses

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Honda Activa 6G: Everything You Need to Know Before Buying

Honda Activa 6G: Everything You Need to Know Before Buying

How much does a ULIP plan really cost? A break-down of all charges

How much does a ULIP plan really cost? A break-down of all charges

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance denies buying Iranian oil amid US sanctions waiver

Reliance denies buying Iranian oil amid US sanctions waiver

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

Govt announces seven measures to help boost exports

Govt announces seven measures to help boost exports

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI pauses rate cuts, retains interest rate at 5.25 pc

RBI pauses rate cuts, retains interest rate at 5.25 pc

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.