Patna: With the Model Code of Conduct now in force for the Bihar assembly elections, authorities have imposed strict regulations on cash holdings and election spending to curb the use of unaccounted money.
District Election Officer and District Magistrate Dr. Thiyagarajan SM announced that the Election Commission has set a spending cap of Rs 40 lakh per candidate. To ensure transparency, candidates are required to open a dedicated bank account for all election-related expenses, with transactions exceeding Rs 10,000 under close monitoring.
A cash carrying limit of Rs 50,000 has also been introduced. Any individual found carrying cash above this threshold without proof of its legality risks confiscation. Around 20 enforcement agencies have been deployed across the district to monitor financial transactions, alongside 32 checkpoints established to control the movement of narcotics, illegal liquor, counterfeit currency, and precious metals.
Authorities have also identified 475 “hotspots” for preventive action, aimed at curbing violations of prohibition and drug laws.
Dr. Thiyagarajan SM emphasised that carrying large sums of money is permitted provided proper documentation is maintained. ATM vans must maintain complete records of cash transported, and banks sending cash to currency chests are required to provide certificates.
For individuals carrying more than Rs 50,000, acceptable proof includes a photo ID, bank withdrawal forms or messages, sales receipts, and a statement detailing the intended use of the funds. Confiscated cash may be returned upon verification, either immediately or after the elections, if sufficient evidence is provided. Failure to satisfy election officials could lead to confiscation or legal action.
Gold or jewellery worth up to Rs 50,000 (approximately five grams) must also be documented. Amounts exceeding Rs 10 lakh must be reported to the Income Tax Department by the Election Commission.
Officials say, These measures are aimed at ensuring a fair electoral process and preventing candidates or parties from using black money to influence voters.
