The Election Commission has set up a multi-agency grid of revenue and security intelligence agencies to curb use of blackmoney in the Lok Sabha and assembly polls.

Official sources said that the agencies that have been pooled in for the task include Income Tax intelligence and investigations, Financial Intelligence Unit,Directorate of Revenue Intelligence, Central Economic Intelligence Bureau, Narcotics Control Bureau and the snoop wings of border guarding forces of SSB and BSF, and those of the CISF and the Railway Protection Force.

The sources added that the officials in-charge of intelligence in these respective departments will meet twice a week at the EC headquarters, and update it about suspected financial movements.

They said, a comprehensive report prepared after these meetings will be shared with the respective Chief Electoral Offices of various states and Union Territories.