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“Where Did Electoral Bonds Come From Before Poll Funds?” Amit Shah’s Perspective on Black Money and Oppn

Union Home Minister Amit Shah defended his government’s action and said it was intended to eradicate black money in politics amid a political uproar over the newly revealed electoral bond program data, which the opposition has dubbed “Independent India’s biggest scam.”

Shah said that although he completely appreciates the Supreme Court’s ruling on electoral bonds, the program ought to have been strengthened rather than abandoned.

“In order to eliminate the impact of black money on Indian politics, electoral bonds were implemented.” Speaking at the India Today Conclave, Shah said, “I fully respect the Supreme Court’s decision to scrap the scheme because we respect democracy, but I feel that it should have been improved instead of completely scrapping the electoral bonds.”

Shah retaliated against the opposition by claiming that the historic party had previously accepted financial contributions without disclosing any such transactions, in response to the Congress’s accusation of corruption about the electoral bonds. He also inquired as to the source of the contribution funds used prior to the electoral bond program.

“The opposition party leaders used to accept cash donations for political purposes because, for every Rs. 1,100 donated, they would deposit Rs. 100 in the party’s name and retain Rs. 1,000 for themselves,” Shah was cited by PTI as adding.

In addition, the home minister spoke about the newly made public SBI statistics on electoral bonds, stating that the BJP only collected Rs 6,000 crore of the Rs 20,000 crore total.

“I want to be very clear about where I stand on it. The BJP owns around Rs 6,000 crore of the Rs 20,000 crore in total electoral bonds. What became to the remaining bonds? DMK received Rs 639 crore, BRS received Rs 1,200 crore, TMC received Rs 1,600 crore, Congress received Rs 1,400 crore, and BJD received Rs 750 crore. “Despite having 303 MPs, we received Rs 6,000 crore, while the remaining parties received Rs 14,000 crore against 242 MPs.”What’s the big deal, anyway? “I can confirm that they won’t be able to confront you all after the accounts are settled,” he said.

Speaking about the one country, one election strategy, Shah stated that it is the idea behind Prime Minister Narendra Modi and the BJP, and that if it is put into practice, it would guarantee quicker growth and put an end to repeating expenses.

“The concept behind Prime Minister Narendra Modi and the Bharatiya Janata Party’s “one nation, one election” is that this country has elections often, keeping people occupied and resulting in recurrent spending. “Many development projects are put on hold because of the model code of conduct. “The solution to this is one nation, one election,” he said.

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