FICCI Advocates for ‘One Nation One Election’ Initiative to Enhance Governance and Economic Growth
Feb 08, 2024: The Federation of Indian Chambers of Commerce and Industry (FICCI) has thrown its weight behind the concept of ‘One Nation One Election’, asserting that simultaneous elections would bolster governance efficiency and stimulate economic development.
A delegation from FICCI, led by Dr. Anish Shah, President of FICCI, engaged with members of the High-Level Committee on ‘One Nation One Election’, chaired by Shri Ram Nath Kovind, Former President of India, on February 6, 2024.
Dr. Anish Shah highlighted the support of over 250,000 FICCI members across the nation for the initiative, citing concerns about the impact of multiple elections on ease of doing business, governmental decision-making, and the economy at large. The delegation emphasized the need for streamlining the electoral process to mitigate avoidable costs for both employees and employers.
Mr. S K Pathak, Secretary General of FICCI, presented specific proposals to the committee, advocating for:
- One election every 5 years for central, state, and local governments
- A brief code of conduct period to prevent slowdowns in government decision-making
- Universal electoral rolls for all eligible voters, facilitated by India Stack technology
The FICCI delegation underscored the necessity of reevaluating India’s electoral process to align with the country’s trajectory towards becoming the world’s third-largest economy. They emphasized that such changes are essential to yield better outcomes for the citizens and to bolster economic activity.
The FICCI delegation included prominent industry leaders such as Dr. Anish Shah, Mr. Harsha V Agarwal, Mr. Anant Goenka, Mr. S K Pathak, Ms. Jyoti Vij, and Mr. Anshuman Khanna.
With FICCI’s backing, the ‘One Nation One Election’ initiative gains further momentum, potentially paving the way for transformative changes in India’s electoral landscape aimed at fostering governance efficiency and economic growth.