PM Modi Criticizes Scrapping of Electoral Bonds Scheme: “Everyone Will Regret It”

Date:

PM Modi Criticizes Scrapping of Electoral Bonds Scheme: "Everyone Will Regret It"

In a recent interview with ANI, Prime Minister Narendra Modi expressed his disappointment over the Supreme Court’s decision to scrap the electoral bonds scheme, calling it a decision that “everyone will regret when there is honest reflection.” He stated that the move has “completely pushed the country towards black money.”

The electoral bonds scheme, launched by the government to curb the use of black money in elections, faced criticism and legal challenges. The Supreme Court’s ruling in February declared the scheme unconstitutional, citing violations of the right to information and equality.

PM Modi defended the scheme, emphasizing that it was introduced with the intention of bringing transparency and reducing black money in election campaigns. He refuted allegations that his party, the Bharatiya Janata Party (BJP), was the primary beneficiary of the scheme, pointing out that 63% of the funds from electoral bonds went to parties other than the BJP.

The Prime Minister highlighted the importance of electoral transparency and accountability, noting that the scheme provided a trail of donations and expenditures, allowing for scrutiny and oversight.

In addition to discussing the electoral bonds issue, PM Modi addressed various other topics during the interview, including opposition attacks, allegations of using central agencies against rivals, and criticism of the Congress party’s manifesto.

He also welcomed potential investment in India by Tesla CEO Elon Musk, emphasizing the importance of localization and ensuring that products reflect the essence of Indian culture and values.

The interview comes ahead of the upcoming Lok Sabha elections, with PM Modi engaging in a wide-ranging discussion on key political and economic issues facing the country.

Sources By Agencies

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

India Faces Soil Crisis: Campaign Launched to Protect Soil Health and Food Chain

MANGALURU: In an alarming revelation, India loses about 5,500 million tonnes of soil annually due to erosion, a pressing issue that threatens agricultural productivity and food security. Addressing this concern, a significant event was organized in Mangaluru, bringing together experts, students, and farmers to advocate for soil conservation and sustainable agricultural practices.

Bengaluru Software Engineer Scammed of ₹11.8 Crore in “Digital Arrest” Fraud

A 39-year-old software engineer in Bengaluru became the victim of a sophisticated “digital arrest” scam and lost a staggering ₹11.8 crore after falling prey to fraudsters who posed as police officials. The fraud, which took place between November 25 and December 12, involved a series of fraudulent calls and threats, tricking the victim into transferring large sums of money under the guise of an investigation.

Bangladesh Requests India to Return Sheikh Hasina for Judicial Process

In a significant diplomatic move, Bangladesh's interim government has requested India to send back deposed Prime Minister Sheikh Hasina, who has been living in India since August 5. The 77-year-old leader of the Awami League fled Bangladesh after widespread protests forced her out of power, ending her 16-year-long rule.

“Suspected Khalistani Terrorists Killed in UP Encounter Linked to ISI, Armed with AK-47s: Details”

In a joint operation by Uttar Pradesh and Punjab police, three suspected Khalistani terrorists were killed in an encounter in Pilibhit, Uttar Pradesh, on Monday. The three men, identified as Varinder Singh alias Ravi, Vi Gurvinder Singh, and Jaspreet Singh alias Pratap Singh, were reportedly involved in various terrorist activities, including a grenade attack on the Bakshiwala police post in Gurdaspur.