“One Nation, One Election Could Boost India’s GDP by 1.5%, Says Finance Minister Sitharaman”

Union Finance Minister Nirmala Sitharaman recently expressed that India’s GDP could experience a growth of 1.5% if simultaneous elections were to be conducted across the nation. Sitharaman underscored the advantages of implementing the ‘one nation, one election’ concept, pointing out the cost-saving benefits and efficiency enhancements that could result from holding elections concurrently. She referenced previous advocates of the idea and instances where simultaneous polls led to a surge in voter turnout. The Finance Minister emphasized the potential for significant resource savings and the opportunity to reallocate funds towards essential welfare programs. Sitharaman’s remarks shed light on the economic advantages that could be reaped by streamlining the electoral process in India. The proposal for simultaneous elections has been a topic of debate and discussion in the country, with proponents advocating for its potential to bring about financial savings and operational efficiencies. This move could not only have a positive impact on India’s GDP but also lead to a more streamlined and cost-effective electoral system.

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