Gehlot demands withdrawal of electoral bonds

Rajasthan Chief Minister Ashok Gehlot on Saturday demanded an immediate withdrawal of electoral bonds which he said were promoting black money and were brought in by the Narendra Modi government despi

Rajasthan Chief Minister Ashok Gehlot on Saturday demanded an immediate withdrawal of electoral bonds which he said were promoting black money and were brought in by the Narendra Modi government despite objections by the Election Commission, Reserve Bank of India and the Opposition parties. Mr. Gehlot said the Bharatiya Janata Party had got 95% share of the electoral bonds in 2017-18 and the RBI Governor had clearly stated that these bonds could lead to money laundering. “The EC filed an affidavit in the Supreme Court in 2019 stating that the electoral bonds would end the transparency of donations received by political parties,” he tweeted. While stating that the Election Commission had softened its stand now, Mr. Gehlot affirmed that simply withdrawing the electoral bonds would not serve the purpose. He said the Supreme Court should take the petition on electoral bonds to its logical conclusion to ensure transparency in political funding.