* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, June 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

  • 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
    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Promising Technology Stocks To Follow Today – June 22nd – MarketBeat

    Top Technology Stocks to Watch Today – June 22nd

    Technology Convergence Report 2025 – The World Economic Forum

    Technology Convergence Report 2025 – The World Economic Forum

    How AI can help make cities work better for residents – MIT Technology Review

    How AI can help make cities work better for residents – MIT Technology Review

    Tech Champions with Leo Bletnitsky of Healthy Technology Solutions – Buzz Media Group

    Meet Tech Champion Leo Bletnitsky of Healthy Technology Solutions

    Crypto’s true revolution is about humanity, not technology – Cointelegraph

    Crypto’s Real Revolution: Transforming Humanity Beyond Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

  • 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
    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Promising Technology Stocks To Follow Today – June 22nd – MarketBeat

    Top Technology Stocks to Watch Today – June 22nd

    Technology Convergence Report 2025 – The World Economic Forum

    Technology Convergence Report 2025 – The World Economic Forum

    How AI can help make cities work better for residents – MIT Technology Review

    How AI can help make cities work better for residents – MIT Technology Review

    Tech Champions with Leo Bletnitsky of Healthy Technology Solutions – Buzz Media Group

    Meet Tech Champion Leo Bletnitsky of Healthy Technology Solutions

    Crypto’s true revolution is about humanity, not technology – Cointelegraph

    Crypto’s Real Revolution: Transforming Humanity Beyond Technology

    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

Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

June 23, 2025
Atlanta Sports: High school, college and pro sports from the AJC – AJC.com

Atlanta Sports Update: Exciting High School, College, and Pro Highlights

June 23, 2025
US judge blocks slashing of universities’ federal funding from National Science Foundation – Reuters

US Judge Halts Cuts to Federal Funding for Universities from National Science Foundation

June 23, 2025
The Computer-Science Bubble Is Bursting – The Atlantic

Is the Computer-Science Boom Coming to an End?

June 23, 2025

6 Life Moments When Staying Silent Is the Wisest Choice

June 23, 2025
Dollar Gains as the World Awaits Iran’s Response to US Attack – Yahoo Finance

Dollar Gains as the World Awaits Iran’s Response to US Attack – Yahoo Finance

June 23, 2025
The Political Economy of Reform in Lebanon and its Challenges – Middle East Transparent

Unveiling Lebanon’s Reform Journey: Overcoming Challenges and Political Obstacles

June 23, 2025
Three AI Trends Reshaping the Future of Media & Entertainment – TVTechnology

3 Game-Changing AI Trends Revolutionizing the Future of Media and Entertainment

June 23, 2025
Tell us your immigration crackdown story – CNN

Tell us your immigration crackdown story – CNN

June 23, 2025
Promising Technology Stocks To Follow Today – June 22nd – MarketBeat

Top Technology Stocks to Watch Today – June 22nd

June 23, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
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 (697)
  • Economy (713)
  • Entertainment (21,611)
  • General (15,529)
  • Health (9,753)
  • Lifestyle (718)
  • News (22,149)
  • People (716)
  • Politics (720)
  • Science (15,932)
  • Sports (21,210)
  • Technology (15,699)
  • World (693)

Recent News

Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

June 23, 2025
Atlanta Sports: High school, college and pro sports from the AJC – AJC.com

Atlanta Sports Update: Exciting High School, College, and Pro Highlights

June 23, 2025
  • 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