SRINAGAR, April 22 -- BJP MP Anurag Thakur on Tuesday said the implementation of the 'one nation, one election' formula would be a win-win situation for the country as it would not just cut the expenses incurred in conducting various polls but also save a lot of time.

"Elections were held in Haryana and Jammu and Kashmir within a few months of the Lok Sabha polls (last year). Then elections were held in Maharashtra, Jharkhand and Delhi. So, there are at least five assembly elections in a year.

"If all the polls are held simultaneously, it will reduce the expenditure, save time and increase the voting percentage as well," Thakur told reporters in Srinagar on the sidelines of a party event on 'one nation, one election' (ONOE).

The former U...