financetom
Economy
financetom
/
Economy
/
Union Budget 2021: Law Ministry gets allocation for purchases of EVMs by EC
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Union Budget 2021: Law Ministry gets allocation for purchases of EVMs by EC
Feb 1, 2021 8:20 AM

The Union Law Ministry has been allocated Rs 1,005 crore in the central Budget to provide funds to the Election Commission for procurement of ballot units, control units and voter verifiable paper audit trial units (VVPATS), and ancillary expenditure on EVMs and destruction of obsolete voting machines. One control unit, at least on ballot union and one VVPAT or paper trail machines constitute one EVM.

Share Market Live

NSE

Obsolete EVMs are destroyed under the supervision of an expert unit following a set protocol. A voting machine has an average life of 15 years. The Bharat Electronics Ltd (BEL) and Electronics Corporation of India Limited (ECIL) are the two public sector undertakings which manufacture the EVM.

The ministry has also been allocated Rs 100 crore for the 2019 Lok Sabha elections. The provision is for meeting ”carry forward liability” in respect of charges for conduct of general Lok Sabha elections, the budget document said.

Another Rs 7.20 crore has been allocated for elector photo identity cards. The provision is for reimbursement of central government’s share to state and union territory governments on issuance of voter identity cards.

Under the ”other election expenses” head, the ministry has been allocated Rs 57.10 crore. The provision is for reimbursement of central government’s share on normal election expenditure to the state and Union Territory governments and the cost of preparation and printing of electoral rolls, the document said. Separately, the Election Commission has been allocated Rs 249.16 crore.

The provision is mainly for the establishment related expenditure of the poll panel and for the expenditure to be incurred on the purchase of land and pre-construction activities for additional building for the Election Commission. The additional building is to come up in Dwarka.

For full coverage on Budget 2021, click here

First Published:Feb 1, 2021 5:20 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed's Interest Rate Cut Pace Expected To Slow: Economists Weigh Trump's White House Return
Fed's Interest Rate Cut Pace Expected To Slow: Economists Weigh Trump's White House Return
Nov 7, 2024
The Federal Reserve lowered interest rates by 0.25 percentage points on Thursday, bringing the federal funds rate to a range of 4.5% to 4.75%. Economists are weighing in on what the policy path ahead may look like.  Michael Brown, senior research strategist at Pepperstone, sees the Fed continuing to cut rates by 25 basis points at each meeting until a...
What's Going On With US-Listed Chinese Stocks Like Alibaba, JD, Nio On Thursday?
What's Going On With US-Listed Chinese Stocks Like Alibaba, JD, Nio On Thursday?
Nov 7, 2024
President-elect Donald Trump’s 2024 election victory has intensified China’s focus on economic stimulus, with significant plans expected to be announced soon. During his campaign, Trump proposed raising tariffs on Chinese imports by as much as 60%. This potential increase could reduce Chinese exports to the U.S. by about $200 billion and shave one percentage point off China’s GDP, CNBC cites...
Strong rebound in employment hoists US services PMI to more than two-year high
Strong rebound in employment hoists US services PMI to more than two-year high
Nov 8, 2024
WASHINGTON (Reuters) -The U.S. services sector accelerated to a more than two-year high in October as employment rebounded strongly, suggesting that a near stall in job growth last month was an aberration. The surprise strength in the vast services sector reported by the Institute for Supply Management (ISM) on Tuesday indicated that the economy retained most of its momentum early...
Daily Roundup of Key US Economic Data for Nov. 8
Daily Roundup of Key US Economic Data for Nov. 8
Nov 8, 2024
02:20 PM EST, 11/08/2024 (MT Newswires) -- The preliminary Michigan Sentiment index rose to 73.0 in November from 70.5 in October, above expectations for a smaller increase to 71.0. According to the University of Michigan, consumers' assessment of current conditions slipped in November, while the near-term outlook surged. The survey was closed before election day on Tuesday, so the index...
Copyright 2023-2024 - www.financetom.com All Rights Reserved