Prime Minister Narendra Modi on April 15 said that the country had been pushed towards black money in elections after the Supreme Court scrapped the electoral bonds scheme, and that on honest reflection, “everyone will regret it”.
In his first detailed take on the electoral bond scheme after its scrapping, Mr. Modi in an interview to news agency ANI said that the scheme should also be viewed a success story as it had shown who made contributions to political parties.
He also said there was a lot scope of improvement in the scheme. “There has been a discussion in our country for a long time that [through] black money a dangerous game is there in elections. I wanted that we try something, how can our elections be free from this black money, how can there be transparency? There was a pure thought in my mind. We were looking for a way. We found a small way, we never claimed that this was the absolute way,” he said.
