'No Digital Payment': Madhya Pradesh Candidate Pays Rs 25,000 Security Deposit For LS Elections 2024 In Coins
Unusual occurrences in India are not uncommon. Just recently, a resident of Jabalpur who intended to run in the upcoming Lok Sabha elections paid his security deposit entirely in coins 每 a whopping Rs 25,000 in just coins!
Unusual occurrences in India are not uncommon. Just recently, a resident of Jabalpur who intends to run in the upcoming Lok Sabha elections 2024 paid his security deposit entirely in coins 每 a whopping Rs 25,000 in just coins!
The nomination process for the first phase of the Lok Sabha elections commenced on Wednesday. In Madhya Pradesh, six seats will be contested in the first phase on April 19.
Rs 10, Rs 5 and Rs 2 coins come in handy for this candidate
The candidate, Vinay Chakraborty, who aims to contest the elections independently in Jabalpur, deposited Rs 25,000 as a security deposit in denominations of Rs 10, Rs 5, and Rs 2 coins.
Unsplash
"I paid the amount of Rs 25,000 using Rs 10, Rs 5, and Rs 2 coins," he informed reporters.
Why did he choose this unusual method?
Chakraborty explained that since there were no facilities for online or digital payments at the collector's office, he opted to use the coins he had on hand. Well, it appears that he simply happened to possess Rs 25,000 in coins.
Jabalpur's district returning officer and collector, Deepak Kumar Saxena, confirmed that the candidate's payment in coins was accepted, and he was issued a receipt for the same.
71,000 candidates have forfeited security deposit since 1951
Recent data from the Election Commission reveals that since the first Lok Sabha polls in 1951, over 71,000 candidates have forfeited their security deposits.
Deposit
This is out of a total of 91,160 candidates who have contested elections during this period.
In India, the security deposit has seen an increase from Rs 500 for general candidates and Rs 250 for candidates from SC/ST communities in 1951 to Rs 25,000 and Rs 12,500 respectively for general and SC/ST candidates today.
During the 2019 elections, an astonishing 86% of candidates experienced this outcome.
As per Election Commission regulations, candidates failing to secure a minimum of one-sixth of the total valid votes polled in their respective constituencies would have their deposits returned to the treasury.
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