The world’s biggest democracy will soon hold what’s likely to be one of the world’s costliest elections. This time the polling exercise, due to start on April 11 and be completed by May 19, will cost an unprecedented 500 billion rupees ($7 billion), according to the New Delhi-based Centre for Media Studies. The CMS projection marks a 40 percent jump from the $5 billion estimated to have been spent during India’s 2014 parliamentary vote. And it amounts to roughly $8 spent per voter in a country where about 60 percent of the population lives on around $3 a day.
Read the full story at https://www.bloomberg.com/news/features/2019-03-11/why-india-s-election-is-among-the-world-s-most-expensive?srnd=premium-asia
SOURCE: Bloomberg
tags:
elections
