Election Commission Rules for sending 1000 or 2000rs..!?

With the lok sabha elections to be held next month, the election commission is going to monitor online transactions more. The much-awaited election dates are now out. The election commission has announced that elections in india will be held in seven phases. During the press conference, Chief election Commissioner Rajiv Kumar said that this year's general election will be special in many ways. Conducting general elections in a highly diverse country like india is a big challenge. He mentioned that we will definitely not allow the use of money and power in the elections to be held this year. He also warned that all matters will be closely monitored. He mentioned that the election commission has found new ways related to money transactions in elections held in previous years, and accordingly, it will be monitored from now on. He has said that strict action will be taken by the election commission if money is paid for voting. Speaking further, the election Commissioner said that banks have been instructed to monitor not only big but also small cash transactions during the elections. Banks will monitor even small online transactions till the end of elections. He said that transactions up to Rs 1000 from a bank account will be monitored more. The election commission will investigate if Rs 1000 or Rs 2000 is sent from someone's bank account as per suspicion.
Many irregularities have come to light during elections. Especially in the last few years, a lot of money has been seized by election officials during elections. Thus, the election commission has gone all out to prevent this this year. Every bank follows several methods to monitor transactions during election activities. Banks will monitor all transactions till the end of elections. New technologies are being used to identify suspicious transactions. This includes high-volume transactions and unusual transactions.Apart from these, the transaction limit is fixed by the election Commission. The election commission is also monitoring bank accounts with the help of RBI and banks. Apart from this, a separate committee has also been set up to audit suspicious transactions. The election commission has also decided to give incentives to those who inform the bank and the election commission about such suspicious election activities. If any major transaction takes place till the end of the election, full authority has been given to investigate the matter. Apart from this, details of that particular customer will be sent to the election commission in case of excessive cash withdrawals or online transactions during elections. This will ensure that transactions are done by legitimate account holders or not. If there is a mistake, there will be a punishment.