PolityGovernance
News 1 of 23

Constitution (129th Amendment) Bill, 2024 for Simultaneous Polls Examined by JPC; Aims to Prevent ₹7 Lakh Crore GDP Loss

Target:UPSC GS-IIMPSCTeachingSSC GAPrelims HighMains HighStatic GK Link
21 Feb 2026
~2 min
Source: The Hindu
Key Data:1.6% of GDP₹7 lakh croreConstitution (129th Amendment) Bill, 2024By 2034
Bodies:Joint Parliamentary Committee (JPC)Election Commission of IndiaRam Nath Kovind Committee
Practice MCQs from today's news ▸
What This Article Covers

1.The Constitution (129th Amendment) Bill, 2024 proposes simultaneous elections to reduce economic disruptions and governance costs.

2.A study for the Ram Nath Kovind Committee estimates a recurring loss of 1.6% of GDP (₹7 lakh crore) due to frequent polls.

3.The JPC, chaired by BJP MP P.P. Chaudhary, is addressing concerns about the Bill's drafting, including excessive powers to the Election Commission.

The Big Picture
Prelims · HighMains · High

A Joint Parliamentary Committee (JPC) is examining the Constitution (129th Amendment) Bill, 2024, which aims to synchronize Lok Sabha and State Assembly elections. The core argument is economic: a study presented to the Ram Nath Kovind Committee estimates frequent elections cause a recurring 1.6% GDP loss (approx. ₹7 lakh crore). This reform is pitched as essential for achieving 'Viksit Bharat' (Developed India) by 2047.

Exam Lens

Quick Exam Facts From News

Bill NameConstitution (129th Amendment) Bill, 2024
Key CommitteeRam Nath Kovind Committee (High-Level Panel)
Estimated GDP Loss1.6% (approx. ₹7 lakh crore)
Target Year for AlignmentBy 2034

1-Minute Revision

  • ›Bill Name: Constitution (129th Amendment) Bill, 2024
  • ›Key Committee: Ram Nath Kovind Committee (High-Level Panel)
  • ›Target this Data: 1.6% of GDP (approx. ₹7 lakh crore) - estimated loss due to frequent elections.
  • ›Target this Nodal Body: Ram Nath Kovind Committee (High-Level Committee on Simultaneous Elections).
  • ›Target this Legal Point: Constitution (129th Amendment) Bill, 2024 and Section 82 A(5) concerning EC's power.

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Who is the chairperson of the Joint Parliamentary Committee examining the Constitution (129th Amendment) Bill, 2024, as per the article?

Q2Statement-basedHard

Consider the following statements regarding the proposal for simultaneous elections:

1. A study presented to the Ram Nath Kovind Committee estimated a recurring loss of 1.6% of GDP due to frequent elections.

2. The Constitution (129th Amendment) Bill, 2024, in its present form, has been unanimously praised for its flawless drafting.

3. The 'remainder term' principle, already used in Panchayati Raj institutions, is being examined for application to State Assemblies and Parliament.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what is the estimated recurring annual loss to the Indian economy, in terms of GDP, due to frequent elections?

Q4Application/ImpactMedium

What is a primary constitutional concern raised by critics regarding the simultaneous elections Bill, as mentioned in the article?

All 25 MCQs ▸
You finished this topic
Explore Related Topics
Related Current Affairs
Polity Current Affairs

₹1,700 Cr Donations to 6 RUPPs: Need for De-Registration Powers to EC

An investigation revealed that six Registered Unrecognised Political Parties (RUPPs) in Gujarat received ₹1,700 crore in donations in 2023-24, exceeding the combined donations of all national parties except the BJP. This highlights regulatory gaps that allow RUPPs to be used as conduits for tax evasion and money laundering. The article examines the need for the Election Commission to have de-registration powers and suggests a vote threshold for tax exemptions to curb misuse.

Polity Current Affairs

UPSC Key: 14 Internal EC Dissents, Tarang Shakti-26 Multinational Exercise, and AI-Driven Semiconductor Supercycle

This Indian Express 'UPSC Key' compilation covers six critical topics: unprecedented internal dissent within the Election Commission (14 objections in 10 months), the second edition of India's largest multinational air exercise Tarang Shakti-26, the Supreme Court's reaffirmation of the Bijoe Emmanuel precedent on Vande Mataram, a new Centre scheme for lithium and nickel processing, the evolution of Yemen's Houthis from a local revivalist movement to a Red Sea power, and the global semiconductor 'supercycle' driven by AI demand. Each story is mapped to UPSC syllabus with previous year questions.

Polity Current Affairs

ECI Delists 334 RUPPs; ₹11,813 Cr Tax Exemption Lost on Political Donations – Need for CAG Audit

Political parties in India enjoy unprecedented tax exemptions and opacity in donations. A recent BBC investigation and ADR report reveal that Registered Unrecognised Political Parties (RUPPs) received huge donations without contesting elections. The exchequer lost ₹11,813 crore in taxes over a decade. The Election Commission lacks power to deregister shell parties, and the author calls for mandatory CAG audit, expenditure limits, and a digital portal for financial transparency.

Polity Current Affairs

ECI Resolves Internal Divide: Voters Exempted, Form 6 Reverted; Maharashtra Drought in 75% Tehsils; Bank Unions Strike from Sept 28

The Election Commission addressed internal concerns by exempting voters from hearings for discrepancies, reverting Form 6 changes, and setting up a committee on ECINet. Maharashtra declared drought in 75% of tehsils with an 18% rainfall deficit, triggering relief measures. Bank unions called a three-day nationwide strike demanding a five-day workweek and PLI changes.

Polity Current Affairs

Rajya Sabha Passes NCDC (Amendment) Bill 2026 Expanding Direct Loans to Cooperatives

Rajya Sabha passed the NCDC (Amendment) Bill 2026, empowering the National Cooperative Development Corporation to give loans and grants directly to cooperative societies. The bill also expands the definition of foodstuffs to include processed food, marking a structural shift in cooperative sector financing. For exam aspirants, this is significant for both Polity (bill passage process, federalism debate) and Economy (cooperative credit, role of NCDC).

Polity Current Affairs

Parliament Passes Mines and Minerals Amendment Act 2026 Overriding SC Ruling, Extinguishes Rs 2 Lakh Cr Dues

The Mines and Minerals (Development and Regulation) Amendment Act, 2026 restricts states from imposing specified levies on mineral rights and extinguishes ~Rs 2 lakh crore in unpaid dues. Mineral-rich states like Odisha and Jharkhand oppose it as a blow to federal fiscal autonomy, potentially losing thousands of crores annually. This reverses the financial impact of a landmark 2024 Supreme Court ruling that had empowered states to tax mineral-bearing lands.

Polity Current Affairs

Lok Sabha Passes MMDR Amendment Bill 2026: States Barred from Levying Additional Tax on Mineral Rights

The Lok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026 without debate, centralizing control over mineral taxation. States are now barred from levying additional taxes, cess, or levies on mineral rights, aiming to create a uniform fiscal regime and boost investor confidence under the Atmanirbhar Bharat and Viksit Bharat 2047 vision.

Polity Current Affairs

Mines and Minerals Amendment Bill 2026: Centre Restricts States' Mineral Levies After SC 2024 Verdict

The Mines and Minerals (Development and Regulation) Amendment Bill 2026, passed by Parliament, restricts states from imposing additional levies on mineral rights and mineral-bearing land, effectively overriding the Supreme Court's 2024 judgment that upheld states' power to tax mineral rights. This reignites Centre-state tensions, especially with mineral-rich states like Jharkhand, Tamil Nadu, and Karnataka, potentially impacting their fiscal autonomy and federal balance.