India, Dec. 17 -- Simultaneous elections to the Lok Sabha and the state assemblies as proposed by the 129th Constitution amendment bill and the Union Territories Laws (Amendment) Bill, could give a fillip to economic activity by reducing periods of pre-election uncertainty and shifting public spending towards long-term infrastructure investments, although the exact costs of implementing synchronised elections need further analysis, Gita Gopinath, economist and former First Deputy Managing Director of the International Monetary Fund has told a parliamentary panel, said people aware of the details.
Gopinath is scheduled to address a joint parliamentary committee headed by Bharatiya Janata Party's PP Chaudhary on Wednesday.
According to pe...
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