Local fundraising helps to get 50% to your constituency

From: The National Election Committee

Greetings to you all!

Further to the note below regarding fund raising that all election funding must be received and managed centrally, we received several requests for small local funding at the constituency level for specific local requirements like collateral, expensing of small claims by volunteers etc.

 

The theme of the campaign remains unchanged. We must create an unprecedented wave for Loksatta across the state that moves people in large volumes towards voting the party into power. Accordingly, the initial phases of the campaign will stay largely centrally managed.

In addition to air cover, this central fund will contribute to each constituency via candidate banners (with their photographs), party pamphlets, volunteer vests, hoardings, bus shelters and other outdoor media, volunteer training and other such activities.

Funds raised by candidates can be retained for their own election expenditure at the rate of 50% while the other 50% will flow into the central pool. This is capped at Rs 10 lakhs per candidate, enabling 5 lakhs for candidate expenses until a month before polling i.e for next two months.

When a donation is raised by a candidate by having the donor send a cheque or a wire or through win.loksatta.org, the candidate needs to send an email to < This email address is being protected from spambots. You need JavaScript enabled to view it. > so that half the proceeds can be transferred back to the candidate's account. All donations will of course reflect on win.loksatta to serve as a testament to our support.

Once this 10 lakh cap is met and until a month before polling, all funds over and above will flow into the central pool.

Thank you for your feedback and support! Happy fund raising!

 

National Election Committee

Surendra Srivastava, Srinivas Alavilli and Tara Krishnaswamy.

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