A joint panel chaired by P. P. Chaudhary says the “one nation, one election” proposal could be operational by 2029. Chaudhary states that nearly 99% of civil society stakeholders consulted so far have backed the idea. The proposal is intended to reduce the economic impact of frequent elections, which the panel estimates could be linked to losses of about ₹7 lakh crore. Both accounts report the same timeline and broad level of stakeholder support, with Chaudhary describing progress from consultations and suggesting readiness for implementation by 2029. The sources do not provide further details on the legal or administrative steps required for rollout, but they frame the proposal as an attempt to cut disruption and associated economic costs by aligning election schedules nationally. The reported figure on stakeholder support reflects responses obtained during the consultation phase, while the estimated economic loss is presented as part of the proposal’s rationale for change.