Answer: Rs 95 lakhs
Notes: The Election Commission announced a hike in expenditure limit for candidates to Rs 95 lakh, up from Rs 70 lakh for Lok Sabha elections. The Election Commission had formed a committee to study cost factors and other related issues. For Assembly elections, the revised expenditure limit for candidates is Rs 40 lakh for big states, up from Rs 28 lakh. Candidates in smaller states can spend a maximum Rs 28 lakh instead of the earlier limit of Rs 20 lakh.
