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More than just an “administrative reform”, it is transformational in its essence.
It demonstrates the desire of India’s leadership to enshrine progress and innovation within administration and governance.The bill commences a democratic aspiration in the country, which will operate with greater alignment, coherence, and rationale.
It intends to focus on uniting the nation and maintaining the blueprint for growth.
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However, this dynamism comes at a cost.
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ai in public health monitoring ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!According to reports, the 2019 Lok Sabha elections cost the exchequer a record Rs 60,000 crore.
ai in public health monitoring ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!Adding state assembly elections to this equation compounds the expenditure significantly.
ai in public health monitoring ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!Beyond fiscal costs, these frequent elections disrupt governance, as policy decisions and developmental work are often deferred due to the imposition of the Model Code of Conduct.The ONOE bill, under the visionary leadership of PM Modi, seeks to address these inefficiencies by synchronizing elections for the Lok Sabha, state assemblies, panchayats, and urban local bodies.
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ai in public health monitoring ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!But the economic impact goes beyond immediate cost reductions.Boosting GDP Growth: By eliminating the frequent disruptions caused by elections, ONOE allows governments to focus on long-term policies and economic initiatives.
Economists suggest that this uninterrupted governance could boost India’s GDP growth rate by up to 1.5-2% annually.
For a $3.7 trillioneconomylike India, this translates to an additional $55-70 billion in annual economic output.Increased Investor Confidence: The constant electoral cycle often creates policy uncertainty, which can deter foreign and domestic investors.
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