India, May 18 -- Barring political parties in the opposition, the ruling parties and the financial and banking sector supported the proposed 'One Nation, One Election' legislation, which seeks to hold simultaneous elections to the Lok Sabha and state assemblies, to streamline the electoral process. This emerged during deliberations with the joint parliamentary committee (JPC), in Mumbai as part of its all-states visit, on Saturday.

The 42-member JPC met leaders from political parties, representatives of farmer organisations, leaders from the banking and financial sector, and the administrative heads of various state government departments. The panel will meet more stakeholders from various sectors, including pubic undertaking units and t...