Chennai, April 5 -- Union Finance Minister Nirmala Sitharaman on Saturday said the One Nation One Election, (ONOE) concept envisaging simultaneous polls for Parliament and State Legislatures, will increase voter turnout and reduce poll-related expenditures and that it will be initiated only in 2034 after Constitutional Amendments.

Speaking at a seminar on simultaneous polls at a private University on the outskirts of the city, she denied reports that it will come into effect in 2029 shortening the terms of State Legislatures.

"It is factually incorrect", she asserted, while noting that simultaneous polls will boost economic growth, eliminate administrative disruptions, enhance public welfare, besides reducing poll-related expenditures...