The Commission had on Wednesday requested RBI to enhance the withdrawal limit of candidates to Rs 2 lakh from Rs 24,000 per week imposed post demonetisation as the nominees would find it difficult to meet their campaign expenditure. ELECTION COMMISSION UNHAPPY OVER RBI DECISION: THINGS TO KNOW The Election Commission has urged the central bank to reconsider the proposal. The Election Commission said the facility be extended till March 11, the day of counting. Candidates are bound to open an election account for meeting poll-related expenditure which is monitored by the Election Commission. The Election Commission said that with a weekly withdrawal limit of Rs 24,000, a candidate would be able to withdraw Rs 96,000 in cash during the election process which lasts three to four weeks.

Source: India Today January 29, 2017 12:57 UTC