Political parties need money to run their business: Nitin Gadkari

New Delhi: India’s biggest court has expressed its displeasure regarding electoral bonds and has also reprimanded SBI several times regarding this and asked them for details of allowing them to be accepted in full. The Supreme Court has declared it unconstitutional. Now the statement of senior BJP leader and Union Minister Nitin Gadkari regarding electoral bonds has come out in which he said that it is not possible to run a political party without money. Our intentions behind bringing the electoral bond scheme were good. 

Union Minister Nitin Gadkari said in his statement that we wanted to keep the political parties financially strong. Our main objective behind launching electoral bonds was that political parties should get money directly, but the names of the donors are not disclosed, because this creates problems if the party in power changes. Nitin Gadkari said that political parties need money to run their business.  He said the government had launched the electoral bond scheme in 2017 with good intentions, which has now been declared unconstitutional by the Supreme Court.

The senior BJP leader said that if the Supreme Court gives any further direction on this matter, then all political parties should sit together and discuss. Gadkari made this comment at a program in Gandhinagar. He said that when Arun Jaitley was the Union Finance Minister, I was part of the talks regarding electoral bonds. No party can run without resources. In some countries, governments fund political parties. There is no such system in India.

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