Why the public must fund candidates for elections

It is universally accepted that elections are the very source of corruption. You need several crores to contest and campaign in an election and ultimately win it. According to the Election Commission, each candidate is allowed to spend a maximum of Rs. 15 lakhs in a constituency in the state assembly election. This amount is a real joke in this day and age. Despite this stipulation, no candidate has ever landed in serious trouble for spending more than this amount. As a result, candidates, especially from major political parties, spend several crores of rupees to contest and win elections. Where does this money come from? Clearly, these are from vested interests and undeclared black money that pours in from different quarters. These contributors automatically expect favors once the candidate wins the election. So, compromises are made at the very start of the process.

None of the current political parties are ever going to bring about any reforms whatsoever to fix this problem. Over the years, they have established a well-oiled fund raising machinery that ensures the smooth and steady influx of hordes of cash to fight elections. This is often used to dole out goodies at the time of election ranging from liquor, plain hard cash, TV sets, laptops, etc., in order to win votes. The Election Commission has not shown the wherewithal to do anything about this either. So sadly, the practice continues undeterred. The amounts required to fight elections increase so dramatically with each election that it has now become virtually impossible for an honest candidate to contest and dream of winning an election without making compromises. Under these circumstances, what choices do we have? We can continue to remain bystanders while our elected representatives are well and truly sold out to big donors even before they are elected, or we can take steps to reform the process ourselves by crowd-funding candidates and parties we support that are committed to a process of open and transparent fund raising.

The Aam Aadmi party (AAP) has taken a unique step in this direction. They have sought funds directly from the people and routinely list the contributors and the amounts collected on their website. The party announced that it has managed to raise about 2 crores from the public. At the 15 lakhs per constituency stipulated by the Election Commission, AAP is going to need five times as much as it has raised to date before November to contest all 70 seats in Delhi. A tall order indeed. Considering that AAP is up against the endless funds of BJP and the Congress, this amount is clearly a paltry sum. Nevertheless, it’s a start. As a nation, if we care to curtail corruption at the very source, we need to step up and support parties like AAP that say no to contributors who wish to remain anonymous.

Click here to read the rest of the article in The Economic Times

Author: Pran Kurup

Pran Kurup is founder and CEO of Vitalect, Inc.

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