One Nation One Election Committee Discusses Political Opposition and Economic Impact in Latest Meeting

The High-Level Committee (HLC) on One Nation One Election, chaired by former President Ram Nath Kovind, convened its fourth meeting on Saturday to discuss the widespread opposition to the idea by political parties and explore potential cost savings for the government if elections were harmonized. According to sources, the HLC noted that 12 political parties have opposed the concept of simultaneous elections, while 10 are in favor.

Key opposition parties, including the Congress, Communist Party of India (CPI), CPI(M), Dravida Munnetra Kazhagam (DMK), Trinamool Congress (TMC), All India Majlis-e-Ittehadul Muslimeen (AIMIM), and Aam Aadmi Party (AAP), have communicated their objections to the HLC. In response, the committee plans to engage with parties that are not in favor of the idea to understand their concerns and perspectives.

During the meeting, NK Singh, former chairman of the 15th Finance Commission, presented an analysis on how simultaneous elections could impact the country’s Gross Domestic Product (GDP). The presentation was based on the research paper titled “Macroeconomic Impact of harmonising Electoral Cycles, Evidences from India,” co-authored by NK Singh and Prachi Mishra. The research suggested that simultaneous elections could lead to higher economic growth and increased government investment in both capital and revenue expenditures.

As the HLC continues its deliberations, the discussions indicate a divide among political parties regarding the feasibility and desirability of the One Nation One Election concept. The committee aims to address concerns raised by opposition parties and seek a broader consensus on the matter.

The idea of simultaneous elections has been a subject of debate, with proponents emphasizing potential efficiency gains and cost savings, while critics express concerns about constitutional, logistical, and democratic implications. The HLC’s ongoing consultations and presentations aim to provide a comprehensive understanding of the various perspectives on this significant electoral reform.