25,000 Cr Money Poured In Karnataka Elections?

A staggering cash flow is said to be witnessed in Karnataka Assembly elections that turned out to be prestigious for all three major political parties – Congress, BJP and JD(S). Especially, the fight is between the two national parties who wants to win Karnataka by hook or crook since the result of Karnataka is expected to have a telling impact on the 2019 general Lok Sabha polls. While BJP wants to clinch Karnataka and wants to foray into South, Congress is ensuring that BJP’s plans won’t work. Amit Shah, Narendra Modi, Yogi Adityanath and several top BJP leaders are all going all out to win the BJP.

Amidst this, huge money – estimated at Rs 25,000 Crore – is said to be spent. This is one-fourth of the budget allocation of a larger state in the country and in fact, this is equal to the budget spend of a large state given that the actual budget spend would be around one-fourth of the allocated budget.

Now, one can easily understand why several states – AP, Telangana, Madhya Pradesh, Uttar Pradesh – are running out of cash in the ATMs. It is alleged that huge stacks of cash has been shifted from these states to poll-bound Karnataka.

 


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