Finance Minister Nirmala Sitharaman has highlighted the potential economic benefits of conducting simultaneous elections in India. According to her, India’s GDP could grow by 1.5% if simultaneous polls are held. Sitharaman emphasized that not only financial resources but also human resources are wasted due to frequent elections in the country. This statement was made in the context of ongoing discussions about the feasibility and advantages of synchronizing the Lok Sabha and state assembly elections. The idea of simultaneous polls has been a subject of debate among political circles, with proponents arguing that it could lead to cost savings, better governance, and reduced disruption to the economy. By streamlining the election process, the government aims to optimize resources and focus on development initiatives. As India strives to recover from the economic impact of the COVID-19 pandemic, measures like simultaneous elections could play a crucial role in stimulating growth and efficiency in the political system. Stay updated on further developments regarding this issue to understand its potential implications for the country’s economic landscape.