In this episode of ‘Editorial’ Mr. Sujit Nair discusses about the statement made by the Finance Minister Of India Nirmala Sitharaman about bringing back the Electoral Bonds Scheme after wider consultations. Finance Minister Nirmala Sitharaman announced that the BJP plans to reintroduce electoral bonds, in some other form, after wider consultation, if they secure victory in the Lok Sabha elections. The Supreme Court had previously deemed the scheme unconstitutional, citing concerns over transparency and the potential for quid pro quo transactions. Sitharaman noted that the government has yet to decide on pursuing a review petition against the court’s decision. She emphasized the need for extensive consultations with various stakeholders to develop a framework that ensures transparency and prevents the infiltration of illicit funds.
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