Current Affairs Exam

Election Commission for reducing cash expenditure limit for candidates from 10,000 to 2,000

The has proposed reducing the amount a candidate contesting polls can pay in cash for campaign-related expenditure from the existing 10,000 to 2,000 to make their transactions more transparent.

As of now, the candidates have to ensure that all payments in excess of 10,000 are made by cheque, draft or bank transfer through a bank account opened exclusively for the purpose of election expenditure.

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