* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, April 24, 2026
Earth-News
  • Home
  • Business
  • Entertainment

    Mini golf, 24/7 golf simulator bring new entertainment to Temple – The Killeen Daily Herald

    Nashoba Symphonic Band Marks 10 Years with Two Exciting Free Concerts

    Los Lorcas and Pat Byrne at Stage 33 Live – Brattleboro Reformer

    Atlanta City Council Greenlights Exciting New World Cup Entertainment District

    Get Ready for an Exciting Arts-Filled Weekend in Winchester!

    The Last Starfighter Returns: Beloved ’80s Sci-Fi Classic Soars Again in an Exciting New Comic Book Sequel!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Kalispell Parking Advisory Board Proposes New Technology, Increased Fines, and Block Ordinance Changes

    The Surprising Ways Your Daily Habits Are Destroying Your Charging Cables

    Redwire Becomes Proud Drone Technology Partner of the Washington Commanders to Showcase Military Appreciation – Washington Commanders

    Toyota and Woven by Toyota Unveil Cutting-Edge AI Technologies to Revolutionize Kakezan

    Detroit Metro Airport tests new parking guidance technology – KPTV

    Here’s Why Poet Technologies Stock Is Skyrocketing Today

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Mini golf, 24/7 golf simulator bring new entertainment to Temple – The Killeen Daily Herald

    Nashoba Symphonic Band Marks 10 Years with Two Exciting Free Concerts

    Los Lorcas and Pat Byrne at Stage 33 Live – Brattleboro Reformer

    Atlanta City Council Greenlights Exciting New World Cup Entertainment District

    Get Ready for an Exciting Arts-Filled Weekend in Winchester!

    The Last Starfighter Returns: Beloved ’80s Sci-Fi Classic Soars Again in an Exciting New Comic Book Sequel!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Kalispell Parking Advisory Board Proposes New Technology, Increased Fines, and Block Ordinance Changes

    The Surprising Ways Your Daily Habits Are Destroying Your Charging Cables

    Redwire Becomes Proud Drone Technology Partner of the Washington Commanders to Showcase Military Appreciation – Washington Commanders

    Toyota and Woven by Toyota Unveil Cutting-Edge AI Technologies to Revolutionize Kakezan

    Detroit Metro Airport tests new parking guidance technology – KPTV

    Here’s Why Poet Technologies Stock Is Skyrocketing Today

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

A potential Rs 12,000 crore saving opportunity: Why India Inc is a fan of One Nation One Election

February 12, 2024
in Business
A potential Rs 12,000 crore saving opportunity: Why India Inc is a fan of One Nation One Election
Share on FacebookShare on Twitter

Synopsis

India Inc through lobby groups FICCI and CII have advocated for simultaneous Lok Sabha and assembly elections, endorsing the ‘One Nation One Election’ concept. The move aims to reduce disruptions and additional costs associated with multiple elections. FICCI proposed a single election every five years for Union, state, and local governments, with CII suggesting elections every two-and-a-half years as an alternative.

​What's 'One Nation, One Election'?​iStockThe concept of ‘One Nation, One Election’ centers around the idea of conducting simultaneous elections throughout the country for both Lok Sabha and State Assemblies. This means holding elections for both the Lok Sabha and all state assemblies simultaneously, with voting likely taking place concurrently.

From citing trouble in ease of doing business to reduced investment scope, India Inc has come out in support of ‘One Nation One Election’.

Industry bodies Federation of Indian Chambers of Commerce & Industry (FICCI) and Confederation of Indian Industry (CII) have called for simultaneous Lok Sabha and assembly elections in a bid to avoid disruptions and additional costs.

The two groups even met former President Ram Nath Kovind and made separate presentations to the committee seeking one election in every five years.

Ficci has asked for a single election every five years for Union, state, and local governments, a proposition also supported by CII. The report says CII has asked for elections every two-and-a-half years as an alternative proposal.

ALSO READ: ‘One Nation, One Election’ saves costs, but political consensus not easy to achieve: Ex-CEC Chawla

“Our ease of doing business is getting significantly constrained by multiple elections at various times at various levels. With multiple codes of conduct for these elections, the inevitable slowdown in decision making by govt hurts business and industry badly. This also discourages necessary reforms to be carried out by various govts,” TOI reported Ficci general secretary Shailesh Pathak as saying in a letter to the committee, following a meeting last week.

Ficci has suggested that a government should be voted to power with a majority for five years. Should the said government lose its majority, it should be given ten days to seek a vote of confidence for an alternate group. The industry body has suggested that if no group can claim majority, a mid-term election should be held only for the remaining term.

ALSO READ: ‘One nation, One election’ through the decades

The lobby group referred to a Niti Aayog report to contend that in 2014, the implementation of the model code of conduct led to the cessation of governance and development activities for approximately seven months. It estimated that diminishing the frequency of elections could result in savings ranging from Rs 7,500 crore to Rs 12,000 crore.

The organisation has suggested permitting voters to vote at the closest polling station and adopting the ‘India Stack,’ which relies on indigenous technology, to compile electoral rolls instead of the current system which they deem time-consuming.

CII, in its meeting with the Kovind panel, reiterated its call for synchronized elections in 2012 and 2018. It said that the model code of conduct adversely affects infrastructure projects during the initial phase of implementation, with each election causing a disruption in government activities as employees are engaged in the electoral process for almost two months.

“Private sector is reluctant to invest months before and after the elections. So is the case for public investment which affects economic activity, overall development and jobs & livelihoods,” it said.

Aside from the loss of one productive day during each election, there is an economic drawback as workers frequently take time off to cast their votes, and the voting location is often different from their workplace, the CII argued.

“Simultaneous elections can reduce the overall expenditure incurred on general as well as state legislatures, making it more cost-effective and at the same time there are less days of productive work that are lost due to multiple elections,” CII said.

(You can now subscribe to our Economic Times WhatsApp channel)

…moreless
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : IndiaTimes – https://economictimes.indiatimes.com/news/elections/lok-sabha/india/a-potential-rs-12000-crore-saving-opportunity-why-india-inc-is-a-fan-of-one-nation-one-election/articleshow/107617364.cms

Tags: businesscrorePotential
Previous Post

Bihar Floor Test: RJD supporters gather outside Tejashwi Yadav’s residence, say ‘democracy will triumph…’

Next Post

Bihar Assembly Floor Test: Nitish Kumar seeks trust vote | Live

Central Asia facing accelerating climate risks, UNEP chief warns at Regional Ecological Summit – Qazinform

April 24, 2026

A Landmark Breakthrough: FDA Approves First-Ever Gene Therapy for Inherited Deafness

April 24, 2026

Meet the 19-metre octopus that prowled the ancient seas – BBC

April 24, 2026

North Philly Pediatric Clinic Closures Put Essential Community Care at Risk, Warn Health Workers

April 24, 2026

NAU Fashion Club serves rebellion on the runway – jackcentral.org

April 24, 2026

Could Italy Replace Iran in the World Cup? – Time Magazine

April 24, 2026

War Shock to Global Economy Ripples Unevenly as Euro Zone Reels – Bloomberg.com

April 24, 2026

Mini golf, 24/7 golf simulator bring new entertainment to Temple – The Killeen Daily Herald

April 24, 2026

Taiwan’s Greatest Risk Lies Within Its Own Politics

April 24, 2026

Kalispell Parking Advisory Board Proposes New Technology, Increased Fines, and Block Ordinance Changes

April 24, 2026

Categories

Archives

April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« Mar    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (1,183)
  • Economy (1,203)
  • Entertainment (22,078)
  • General (21,136)
  • Health (10,235)
  • Lifestyle (1,213)
  • News (22,149)
  • People (1,203)
  • Politics (1,222)
  • Science (16,418)
  • Sports (21,701)
  • Technology (16,187)
  • World (1,193)

Recent News

Central Asia facing accelerating climate risks, UNEP chief warns at Regional Ecological Summit – Qazinform

April 24, 2026

A Landmark Breakthrough: FDA Approves First-Ever Gene Therapy for Inherited Deafness

April 24, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version