Political parties collected over Rs 1,500 crore during the five state assembly elections held last year but spent just Rs 494 crore, according to an analysis by ADR.
The countdown is over as Finance Minister Arun Jaitley will unveil the Union Budget 2018 today – the fifth and arguably most crucial one of the Modi government.
This will be the last full-fledged budget by the Modi government ahead of the 2019 Lok Sabha elections, and the first after the implementation of the Goods and Services Tax (GST).
The prime minister had said that like festivals, elections should be held on fixed dates so that governments can function for five years.
Prominent social activist Anna Hazare on Friday said that Rs 80,000 crore has come to the coffers of the BJP in the last five months as donation.
Earlier in the day, attacking Congress party in a poll rally in Himachal Pradesh's Kangra, PM Narendra Modi said the state's ruling party has become a "laughing club".
The announcement of the poll dates by the EC sets in force the model code of conduct - banning the use of government machinery or announcements to influence voters.
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