Updated On: 06 April, 2025 07:40 AM IST | Chennai | Agencies
Says GDP will rise by 1.5 per cent if ‘One Nation One Election’ is enacted; accuses Opposition of ‘spreading a false campaign’

Union Finance Minister Nirmala Sitharaman addresses a gathering during the talk on ‘One Nation, One Election’ at SRM University in Kattankulathur, Tamil Nadu. Pic/PTI
Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Saturday dismissed the false propaganda surrounding the “One Nation, One Election” (ONOE) concept, clarifying that it will not be implemented in the upcoming elections. Speaking at an event near here, she noted that around R1 lakh crore was spent during the 2024 Lok Sabha elections, and such a massive expenditure could be saved through simultaneous elections.
“If simultaneous elections are held for electing the members of Parliament and Assembly, about 1.5 per cent growth will be added to the country`s GDP. In value terms, R4.5 lakh crore will get added to the economy. This is a black and white example of ONOE concept”, she said. Sitharaman accused certain parties of “spreading a false campaign” on the “One Nation One Election” initiative, blindly opposing it.