CII Endorses One Nation One Election Proposal
CII Endorses One Nation One Election Proposal
CII Endorses One Nation One Election Proposal
News summary

The Confederation of Indian Industry (CII) has expressed its support for the 'One Nation One Election' (ONOE) initiative, which aims to synchronize electoral cycles across Central and State levels in India. The CII believes that simultaneous elections could lead to more streamlined governance and bolster economic development. CII's view was based on the economic benefits of streamlining the electoral process, that would enhance governance efficiency, and foster economic development. Asynchronous multiple elections lead to frequent disruptions in policymaking and administration, leading to uncertainty about the government's policies. Investment decisions by the private sector tend to slow down prior to the elections. Simultaneous elections, thus, offer a propitious solution by effectively reducing project implementation delays and a likely cost savings of approximately half the total expenses incurred by the central and state governments in administering elections.

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