11 months ago

Economists Discuss Simultaneous Elections Before House Panel

Economists Discuss Simultaneous Elections Before House Panel
One Nation, One Election will lead to reduction in violence, to help stablise policy making: Experts · thehansindia.com

Imagine if the Lok Sabha and State Assembly elections happened at the same time.

Economists discussed this idea with a parliamentary committee.

Arvind Panagariya and Surjit Bhalla support this, saying frequent elections delay important work because of the Model Code of Conduct.

However, another economist, Montek Singh Ahluwalia, thought the cost of elections shouldn't be the only reason for change.

The discussion centered around synchronizing election dates, to reduce the number of elections.

Key facts

Event
Joint Parliamentary Committee Meeting
Key Proponents
Arvind Panagariya, Surjit Bhalla, Montek Singh Ahluwalia
Issue Discussed
One Nation, One Election
Proposed Solutions
Synchronizing Elections
Committee Chair
BJP MP P P Chaudhary
Focus of Discussion
Costs of holding elections

Quotes

Surjit Bhalla

Leading economist and former Executive Director at the IMF

“reduced frequency of elections under ONOE will lead to a reduction in violence.”
thehansindia.com
“Non-simultaneous elections are expensive and a luxury we can no longer afford”
thehansindia.com

Arvind Panagariya

Chairman, 16th Finance Commission

“In contrast, the once-in-five-years election model offers a longer and clearer policy horizon for both state and central governments, lowering uncertainty and creating stability that encourages private capital formation”
thehansindia.com

Sources

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