21 March 2024 – On Wednesday, Amit Shah warned at News18’s ‘Rising Bharat’ Summit in New Delhi that the Supreme Court’s electoral bond verdict could bring back dirty money. Union home ministers are hard to disagree with. Perfect has become evil by electoral bond judicial activism. Nobody claims electoral ties were ‘perfect’.
Quid pro quo concerns were valid at the Centre and state levels, as were questions about whether the bonds promoted an anti-competitive regulatory environment, extortion, corruption, or favouritism.
The Opposition, which now supports eliminating electoral bonds in the hope that it will hurt the BJP, seems unconcerned.
Conclusion
Shah fought back against BJP crony capitalism allegations at the Centre and in states. About corruption, he remarked, “We have been accused that we got a lot of money via bonds, but so did the INDI Alliance with 303 seats, 17 governments, and party units in each state. We received a large share of funds in bonds in 2019 when the Model Code of Conduct (MCC) prohibited new schemes or programs. We received over 90% of funds in bonds after the MCC. The claim that it affected government policies is false.”