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This is an archive article published on February 3, 2024

One nation, one election will boost economic development, says CII

The high-level panel chaired by former President Ram Nath Kovind on Friday held its fifth meeting, where CII representatives gave a presentation, the Law Ministry said in a statement.

Ram Nath Kovind, CII, Confederation of Indian Industry (CII), Indian express news, current affairsRam Nath Kovind

Pledging its support to simultaneous elections, the Confederation of Indian Industry (CII) on Friday told the One Nation, One Election committee that holding the elections together would improve governance efficiency and give a boost to economic development.

The high-level panel chaired by former President Ram Nath Kovind on Friday held its fifth meeting, where CII representatives gave a presentation, the Law Ministry said in a statement.

“CII’s view was based on the economic benefits of streamlining the electoral process, that would enhance governance efficiency, and foster economic development. CII has been recommending simultaneous elections in India since 2012…Asynchronous multiple elections lead to frequent disruption in policy making and administration…It also affects the working of the governments due to its officials being roped in for election duties. Investment decisions by the private sector tend to slow down prior to the elections,” a CII statement said.

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