News Report

Did Modi govt ignore the RBI and Election Commission warnings over Electoral Bonds?


The electoral bonds since their inception two years ago have caused many concerns over the political funding and transparency. The Modi government have always been criticized for introducing the opaqueness to political funding. Now a report by huffpost written by journalist Nitin Sethi indicates that the Modi govt even bulldozed its way through the opposing views on electoral bonds. The report says that the Modi government overlooked the red flags raised by the Reserve Bank of India- the apex banking institution of the country over the electoral bond scheme. And apparently, it was before the then Finance Minister Arun Jaitley introduced the Electoral Bond scheme during the Union Budget presentation in 2017, the RBI had warned the government against the move. In this video, our Correspondent Arti Ghargi explains the revealations. #ElectoralBonds #RBI #FinanceMinistry

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