This "deflation" that's being bandied about – voter bribes must be encouraged so that more money is spent and therefore deflation is countered. Plus, let all the parties buy large quantities of rice and mangoes.

An innovative way of bribing voters is to give them a camera phone when they go voting; they should take a video of them clicking the party's button, and on providing that video proof they will get cash, rice, two cows, and the phone, free. [Buy Nokia shares]

You would go nuts if you read about Cash transfer scheme.
http://www.dnaindia.com/report.asp?newsid=1236620

You get paid only if you elect their party.

thanks for this take. you say:

> In total, the voter bribes industry now accounts for an estimated 2 percent of GDP

the current issue of _outlook_ mentions one-tenth that figure:

"Election expenses likely to be about 0.2% of the GDP in 2009; not significant by itself, except that the entire sum is spent over just one month" (http://www.outlookindia.com/full.asp?fodname=2009...

indeed the article goes on to declare:

"Unfortunately, the benefits of these bribes are too thinly spread out—not targeted at all, say economists—and ultimately, the sums are negligible compared with the size of the economy. They will not create any "stimulus" at all, avers Kumar. At Rs 10,000 crore, the electoral spending is about 0.2 per cent of the country's Rs 50 lakh crore GDP. "Hardly anything, it's basically a waste," he says."