Shah declared assets worth ₹3,383 crore, a significant leap from ₹500 crore in 2009. His real estate holdings and business ventures cemented his position as one of the wealthiest candidates in the race.
Maharashtra ElectionsPolitical FinanceCampaign FundsFinancial DisparityElection Commission Of IndiaReal Estate MaharashtraNov 19, 2024
Shah is a notable candidate in the 2024 Maharashtra elections who has declared assets worth ₹3,383 crore, a significant increase from ₹500 crore in 2009.
Ravi, a financially disadvantaged candidate in the 2024 Maharashtra elections, has declared assets worth just ₹5 lakh.
Wealthy candidates like Shah use their financial resources for extensive campaign funds, which can be used for advertising, rallies, and other campaign activities, often giving them a significant advantage.
Financially disadvantaged candidates often struggle to compete on the same level as wealthy candidates. They have to rely on grassroots efforts and community support, which can be time-consuming and labor-intensive.
The ECI has set limits on campaign expenditure and monitors the sources of funding to ensure a fair and transparent electoral process. However, implementing and enforcing these measures remains a challenge.
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