Watch: Well- Rounded World View: Finding a Place for Liberal Education
Dr. Bhavani while speaking about liberal education, said, 'Liberal education is that which doesn't have indocrination and encourages free thinking. Learners presume that an education will get them a degree and then a job, but education should be for the purpose of making social meaning. It is more about culture, refinement of the individual and how they perceive the world around them.'
Read more: 'Inter disciplinary liberal education is the way forward'
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Hindustan Times
31-07-2025
- Hindustan Times
Simultaneous elections could lead to 1.5% point rise in GDP growth, Parliamentary panel told
Simultaneous elections in India could lead to a 1.5 percentage point rise in real GDP growth, higher capital expenditure and increased investment activity, former finance commission chairperson N.K. Singh and another economist told the joint parliamentary committee on One Nation One Election on Wednesday. The investment ratio against the gross fixed capital formation also goes up by 0.5 percentage point, reflecting greater investment activity, especially private and foreign, the presentation said. (HT PHOTO) In a joint presentation, Singh and Prachi Mishra, director of Isaac Centre for Public Policy at Ashoka University, said the uptick in growth would amount to ₹4.5 lakh crore in FY24 figures, according to people familiar with the matter. This would be almost half the total health budget or a third of the education budget, they pointed out. But the two economists also cautioned that the fiscal deficit may rise by 1.3 percentage points due to higher post-election spending. In their presentation, based on a study published in June 2024, Singh and Mishra referred to the election cycles in India and how simultaneous polls continued till 1967 before some assemblies and Lok Sabha faced different schedules.. When national and state elections were held together in India, including when over 40 per cent of the assemblies went to polls the same year along with the Lok Sabha, they said their studies indicated the capital-to-current spending ratio is 5.4 percentage points higher than after simultaneous elections, indicating a shift towards productive and return-generating investments. The investment ratio against the gross fixed capital formation also goes up by 0.5 percentage point, reflecting greater investment activity, especially private and foreign, the presentation said. Singh and Mishra added that frequent elections disrupt economic activity due to uncertainty, adversely impacting manufacturing, construction, tourism and healthcare, with migrant workers frequently returning home and affecting productivity. Noting that migrants comprise nearly one-third of India's population, they said multiple elections impose financial burden on them, weakening their use of their voting rights. School enrolment also goes down by 0.5 percentage point around non-simultaneous elections due to the deployment of teachers on election duty and schools being converted into polling booths, they said. They argued that the diversion of police for frequent electoral duties leads to a growth in crime during non-simultaneous elections due to a longer duration of deployment. (With PTI inputs)
Hindustan Times
31-07-2025
- Hindustan Times
‘ONOP could lead to 1.5% point rise in GDP growth'
Simultaneous elections in India could lead to a 1.5 percentage point rise in real GDP growth, higher capital expenditure and increased investment activity, former finance commission chairperson N.K. Singh and another economist told the joint parliamentary committee on One Nation One Election on Wednesday. The investment ratio against the gross fixed capital formation also goes up by 0.5 percentage point, reflecting greater investment activity, especially private and foreign, the presentation said. (HT PHOTO) In a joint presentation, Singh and Prachi Mishra, director of Isaac Centre for Public Policy at Ashoka University, said the uptick in growth would amount to ₹4.5 lakh crore in FY24 figures, according to people familiar with the matter. This would be almost half the total health budget or a third of the education budget, they pointed out. But the two economists also cautioned that the fiscal deficit may rise by 1.3 percentage points due to higher post-election spending. In their presentation, based on a study published in June 2024 , Singh and Mishra referred to the election cycles in India and how simultaneous polls continued till 1967 before some assemblies and Lok Sabha faced different schedules.. When national and state elections were held together in India, including when over 40 per cent of the assemblies went to polls the same year along with the Lok Sabha, they said their studies indicated the capital-to-current spending ratio is 5.4 percentage points higher than after simultaneous elections, indicating a shift towards productive and return-generating investments. The investment ratio against the gross fixed capital formation also goes up by 0.5 percentage point, reflecting greater investment activity, especially private and foreign, the presentation said.. Singh and Mishra added that frequent elections disrupt economic activity due to uncertainty, adversely impacting manufacturing, construction, tourism and healthcare, with migrant workers frequently returning home and affecting productivity. Noting that migrants comprise nearly one-third of India's population, they said multiple elections impose financial burden on them, weakening their use of their voting rights. School enrolment also goes down by 0.5 percentage point around non-simultaneous elections due to the deployment of teachers on election duty and schools being converted into polling booths, they said. They argued that the diversion of police for frequent electoral duties leads to a growth in crime during non-simultaneous elections due to a longer duration of deployment. (With PTI inputs)
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Business Standard
30-07-2025
- Business Standard
ONOE may boost India's GDP by 1.5 percentage points, experts to Parl panel
Former finance commission of India chairman N K Singh and another expert on Wednesday made an economic case for simultaneous elections before a parliamentary committee, saying it can lead to a 1.5 percentage point rise in the real GDP growth, higher capital expenditure and more investment activity, sources said. In their joint presentation before the joint parliamentary committee, which is scrutinising the constitutional amendment bill for 'one nation one election' (ONOE), they quantified the rise in the GDP at ₹4.5 lakh crore in terms of 2023-24 figures. However, they added that the fiscal deficit is also expected to rise by 1.3 percentage point due to higher post-election spending. Singh, a former MP and revenue secretary, and Prachi Mishra, economics professor, and head and director of Isaac Centre for Public Policy at Ashoka University, studied election cycles in India as it had simultaneous polls till 1967 before the schedules of Lok Sabha and assembly polls were split. The expected rise in the GDP figure, the sources added, is almost half of the total health budget or a third of the education budget. Studying the economic figures when national and state elections were held together in India, including when over 40 per cent of the assemblies went to polls the same year along with the Lok Sabha, they said the capital-to-current spending ratio is 5.4 percentage points higher than post-simultaneous elections, indicating a shift towards productive and return-generating investments. The investment ratio against the gross fixed capital formation also goes up by 0.5 percentage point, reflecting greater investment activity, especially private and foreign. Frequent elections disrupt economic activity due to uncertainty, adversely impacting manufacturing, construction, tourism and healthcare, with migrant workers frequently returning home and affecting productivity, they said, according to the sources. Noting that migrants comprise nearly one-third of India's population, they said multiple elections impose financial burden on them, weakening their use of their voting rights. School enrolment also goes down by 0.5 percentage point around non-simultaneous elections due to the deployment of teachers on election duty and schools being converted into polling booths, they said. They argued that the diversion of police for frequent electoral duties leads to a growth in crime during non-simultaneous elections due to a longer duration of deployment. Non-simultaneous elections require more imposition of the Model Code of Conduct, restricting government functioning and slowing down development work. India has not had a single year without elections since 1986, placing the country in a perpetual election mode. It leads to a "spillover of populist promises", resulting in a "policy contagion effect", the sources citing the presentation said. Frequent elections fuel unsustainable welfare measures, Singh said, describing it as a "race to the bottom" in fiscal populism.
