Question

Some people feel that the contesting in elections requires spending huge amount of money which is possible only for very rich people write your comment

Answer 1

• Money matters in Indian elections.
• In the increasingly high stakes world of election campaigning, aggressive displays of candidate wealth, from cash handouts to alcohol distribution, to big rallies, are becoming more common and more extravagant.
• While money plays a key role in most elections across the world, the particular reliance of Indian parties on candidates with great personal wealth is quite a unique phenomenon.
• In many longstanding democracies, campaign funding is highly regulated, a lion’s share of the funding comes from the party itself or third-party sources like lobbyists and corporate actors, and the personal wealth of the candidate is less important.