News > For greater transparency, Election Commission for reducing candidates' cash expenditure limit from ₹10k to ₹2k

For greater transparency, Election Commission for reducing candidates' cash expenditure limit from ₹10k to ₹2k

This, the sources said, is part of efforts to bring greater transparency in the expenditure by individual candidates contesting polls and to remove "fungibility". According to the EC's instructions, candidates have to open a separate bank account exclusively for election expenditure purposes, at least one day before filing of nomination.