Munde, an MP from Beed and BJP's deputy leader in the Lok Sabha, was speaking at a function to launch the book 'Beyond a Billion Ballots' penned by Vinay Sahastrabuddhe.
Gujarat Chief Minister Narendra Modi and former BJP chief Nitin Gadkari too were present.
In his speech, talking about his long electioneering career and bemoaning the increasing cost of contesting elections, Munde said "I spent Rs 29,000 when I contested my first assembly poll in 1980. Rs eight crore were spent for my last (2009 Lok Sabha) election.