The issue of electoral bonds came under the spotlight after a report indicated earlier this week that RBI had repeatedly warned the government that the electoral bond scheme would lead to money laundering. However, the government ignored the warnings and went ahead with the scheme. With the introduction of electoral bonds scheme, any Indian citizen, corporate or other entity such as trusts or NGOs were allowed to buy bonds from SBI branches and donate them to political parties.
#Newstrack #ElectoralBondsRow
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