Question

how does finance affects youth participation in politics

Answer 1

Impact of finance on youth entering politics:

Finance is required for anyone entering politics it is not only youth people. But it can be one of the obstacles for them to enter finance for the following reasons:

• They would require huge amount to set up infrastructure facilities like party office, to pay something to the members as salary for joining the party as no one do service to the party free of cost.
• Generally banks or no financial institutions rarely come forward in providing required finance. If it is for development of business or for organizational development they would come forward to provide the required finance.
• Finance is also required for various other expenses that have to be incurred at the time of election. They have to conduct campaigns, require money for doing some welfare programs to get the votes of the public etc.
• A youth would generally enter politics after completing his studies in which case he would not have his own money. So he needs to get funds from his parents or some known people. This is surely an obstacle because no parents would be ready to provide funds to his son or daughter for entering the politics.
• If for the first scenario, banks or any other institutions come forward in providing the finance, they would require any collateral security or a surety for obtaining the funds which again is a challenge because the youth again has to depend on his family for providing the same.
• Apart from this finance is also required for other purposes like registering the party with the concerned authority, raising a party symbol etc.