In a scathing retort to Prime Minister Narendra Modi's defence of the electoral bonds scheme, Rahul Gandhi, a prominent figure in the opposition, has criticised it as "the world's biggest corruption."
Gandhi's condemnation comes amidst a backdrop of widespread economic challenges, including record-breaking unemployment, soaring inflation, and distress among farmers and labourers.
Gandhi's remarks underscore the deep-seated concerns regarding the electoral bonds, which have been embroiled in controversy since their inception. The scheme, touted by the government as a measure to curb black money in elections, has faced significant scrutiny from opposition parties and legal authorities alike.
In contrast, PM Modi stands by the electoral bonds, portraying them as a crucial step towards ensuring transparency in political funding. He argues that the scheme provides a clear trail of contributions to political parties, thereby addressing long-standing concerns about the influence of black money in elections.
However, Modi's defence of the electoral bonds comes amidst a broader debate surrounding their legality. Earlier this year, the Supreme Court declared the scheme unconstitutional, raising questions about its viability and implications for the democratic process.
The electoral bonds saga has become a focal point in the ongoing election campaign, with opposition parties, particularly those forming the INDIA Bloc, intensifying their criticism of the BJP-led government's handling of the issue.
The bloc has capitalised on the Supreme Court's ruling to bolster its stance against the electoral bonds, framing it as evidence of governmental overreach and disregard for democratic principles.
Meanwhile, the Election Commission of India (ECI) has taken steps to address the controversy surrounding electoral bonds. In compliance with the Supreme Court's directive, the ECI has released data pertaining to the issuance of electoral bonds, shedding light on the extent of their utilisation and impact on political financing.
As the electoral bonds debate continues to unfold, it serves as a potent symbol of the broader challenges facing India's electoral system. With the upcoming elections looming large, the issue promises to remain a hotly contested topic, shaping public discourse and political narratives in the days to come.
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