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Economists Tell JPC One-Nation, One-Election Could Boost Growth, Urge Hard Look at Logistics

Economists presented ONOE as a growth-friendly reform contingent on resolving operational costs and complexity.

Overview

  • The Joint Parliamentary Committee reviewing the 129th Constitutional Amendment heard Gita Gopinath and Sanjeev Sanyal on December 17 about synchronising national and state elections.
  • Gopinath described ONOE as economically positive, citing research that private investment in India falls nearly 5% during election years and calling for detailed cost and logistics evaluation.
  • She highlighted potential benefits including a shift toward public capital spending and a GDP lift of up to about 1.5% based on estimates attributed to N.K. Singh.
  • Sanyal said the larger economic cost of staggered polls is governance disruption, pointing to repeated Model Code of Conduct freezes and interruptions to policy continuity and project execution.
  • Witnesses urged learning from domestic coincidences and Indonesia’s 2024 fully simultaneous election, which strained logistics and led to partial separation from 2029, as the committee proceeds with further technical and federalism assessments without a decision yet.