Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From May 20, 2024

Indian Authorities Seize $1.1 Billion in Cash, Drugs In Election

Indian authorities have so far seized 88.9 billion rupees ($1.1 billion) worth of illicit money, drugs and other goods in its crackdown on illegal vote inducements in India’s six-week election, the country’s Election Commission said Saturday.

Indian Authorities Seize $1.1 Billion in Cash, Drugs In Election
A voter's finger is marked with indelible ink at a polling station in Kanpur, Uttar Pradesh, India.
STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--
Cosco (India) Ltd.
--
Nifty Capital Markets
--
MSCI World
--
BSE Basic Materials
--
Pritika Auto Industries Ltd
--
SAB Events & Governance Now Media Ltd.
--
MSCI AC Asia ex-Japan
--
Regency Investments Ltd.
--
BSE Healthcare
--
Lawreshwar Polymers Ltd.
--
Ajmera Realty & Infra India Ltd.
--
BSE SmallCap Select
--

Indian authorities have so far seized 88.9 billion rupees ($1.1 billion) worth of illicit money, drugs and other goods in its crackdown on illegal vote inducements in India's six-week election, the country's Election Commission said Saturday. 

The haul exceeds the entirety seized during the last general election in 2019, and comes as authorities have vowed a crackdown on money and goods used to bribe voters in the world's biggest election. 

The commission said the confiscation of drugs reflected 45% of the value of all seizures so far. Liquor, cash, precious metals and other freebies have also been confiscated, the commission said. 

India's election began April 19 and runs through June 1, with the winner announced June 4. India's code of conduct for elections bans bribing or intimidation of voters. 

click hereclick here

More stories like this are available on bloomberg.com

©2024 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source