In the concluding part of the series, Y V Reddy, argues that the proposal strikes at the functioning of federalism and the basic structure of the Constitution, which has served us well so far.
Y V Reddy argues that while the merits of the proposal to hold simultaneous elections to Parliament and all state assemblies appear self-evident, the reality might be very different.
Excerpt from the address by Reserve Bank of India Governor Dr Y V Reddy at the Institute of South Asian Studies, Singapore on May 20, 2008.