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The panel's next meeting is scheduled for February 10 and, before that, it may hold consultations with some more legal luminaries and political leaders, the people said. The committee has so far received responses from 26 of the 47 parties from which it had sought their views on simultaneous polls for the Lok Sabha and state assemblies.
A high-level committee headed by former President Ram Nath Kovind received 20,972 responses, of which a majority affirmed the idea of simultaneous elections.
According to estimates, a total of 11.80 lakh polling stations would be required to be set up across India for Lok Sabha polls this year.
In a communication sent to the government, the Commission noted that the shelf life of EVMs was 15 years and one set of machines could be used to conduct three cycles of elections in their life span if simultaneous polls were held.
The Election Commission would require an estimated Rs 10,000 crore every 15 years to procure new Electronic Voting Machines (EVMs) if simultaneous polls are held for Lok Sabha and state assemblies, according to the poll body.