LS polls show rise in number of candidates losing deposit
March 14, 2014 16:50
Successive Lok Sabha elections have shown a rise in number of candidates forfeiting their deposit, but this has not stopped people from throwing their hat in the electoral ring.
Election Commission rules say that if a candidate fails to get a minimum of one-sixth of the total valid votes polled, the deposit goes to the treasury.
A candidate contesting from a general seat has to deposit Rs 25,000 as security deposit.
The amount is Rs 12,500 for candidates contesting from reserved seats. In First Lok Sabha Elections in 1951-52, almost 40 per cent or 745 out of 1874 candidates forfeited their deposits.
Since then, almost all Lok Sabha elections have witnessed upward trend in candidates losing their deposits.
Election Commission rules say that if a candidate fails to get a minimum of one-sixth of the total valid votes polled, the deposit goes to the treasury.
A candidate contesting from a general seat has to deposit Rs 25,000 as security deposit.
The amount is Rs 12,500 for candidates contesting from reserved seats. In First Lok Sabha Elections in 1951-52, almost 40 per cent or 745 out of 1874 candidates forfeited their deposits.
Since then, almost all Lok Sabha elections have witnessed upward trend in candidates losing their deposits.