New Delhi, January 6: The election expenditure limit for candidates has been hiked to Rs 95 lakh from Rs 70 lakh for Lok Sabha elections and to Rs 40 lakh from Rs 28 lakh for assembly elections, the Election Commission said on Thursday citing a Law Ministry notification.

The decision of the government is based on the recommendation made by the poll panel. Also Read | Uttar Pradesh CM Yogi Adityanath Dispenses Rs 4,314 Crore Loans to Over 5,06,995 MSMEs.

Election Commission of India Hikes Poll Expenditure Limits for Candidates 

For Lok Sabha polls, the revised expenditure limit is now Rs 90 lakh for bigger states and Rs 75 for smaller states. Earlier, the limit was Rs 70 lakh for bigger states and Rs 54 lakh for smaller states. Also Read | BJP Will Win Elections in 2022, Form Govt in 2024, Says Union Minister Nitin Gadkari.

For assembly elections, the revised poll expenditure limit for candidates is Rs 40 lakh for the big states, up from Rs 28 lakh. Candidates in smaller states can now spend a maximum of Rs 28 lakh instead of Rs 20 lakh.

The new expenditure limits will be applicable in all upcoming polls, the EC said.

Candidates in Uttar Pradesh, Uttarakhand, Punjab, Goa and Manipur can now go for increased poll expenditure. Elections are due in the five states and the Commission is expected to announce poll dates in the next few days.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)