It is worth having an academic discussion on the estimate of total expenses (as the cost of a democracy) and finding a way to:
1. Minimize the expenditure (and thereby lessening the burden on common man); and
2. Make all expenses accountable (recorded in books).
As we go by the records and report, USA and India are the costliest democracies (as we consider poll expenses) of the world. As we consider, both accounted and unaccounted expenditure, India’s expenses has surpassed that of USA. It is easy to calculate and compare accounted-expenditure, but how to calculate or estimate the unaccounted (black-money) expenditure?
We invite scholars and academicians to please come up with their inputs/ answers, on the above mentioned issues. Please refer the attachment, for further details.