BJP President JP Nadda invited Union Minister Nirmala Sitharaman to run in the Lok Sabha elections, but she declined. Understand why? According to India’s finance minister, she lacks “the kind of money” necessary to run for the Lok Sabha. She made this statement during a conference on March 27.
After thinking about it for a week or ten days, I responded—maybe not. According to her statement to PTI, “I don’t have that kind of money to contest.”
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“My issue is with Tamil Nadu or Andhra Pradesh. We’ll also apply a number of additional winnability variables. Do you follow one faith or another? Are you a local?” I can’t do that,” declared the minister of finance.
Ever ponder the necessary funds for a Lok Sabha candidate? Examine this:
The candidate’s income determines the cost of the election. There is a spending cap on the Indian Election Commission.
Max Lok Sabha membership: 9.5 million
In larger districts, candidates may spend up to 9.5 million, but in smaller ones, they can only spend 7.5 million. For a seat with fewer voters, the maximum assembly constituency size is 2 million; for a larger district, it is 4 million.
Nirmala Sitharaman, the minister of finance, has never entered the fiercely contested Lok Sabha elections. Her political connections and personal relationships are superfluous.
In her affidavit for her 2016 Rajya Sabha campaign, she stated that she was worth $25 million.
Nirmala Sitharaman, the minister of finance, has never run for the Lok Sabha. She is in the Rajya Sabha; she doesn’t need relationship-building or campaign tactics.
In her 2016 Rajya Sabha affidavit, she stated her net worth as $25 million.
With more than $583 million in assets, Ashok Kumar, the AIADMK’s Erode Lok Sabha candidate, is the richest.
Six of the ten wealthiest candidates in the 2019 Lok Sabha elections received support from the Congress. The wealthiest candidate was Patliputra, Bihar’s independent Ramesh Kumar Sharma. Sharma possessed more than $1,107 million.
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