Electoral Bonds not perfect but better, it is at least transparent, says FM Sitharaman

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Key Points

Union Finance Minister Nirmala Sitharaman dismissed claims of a connection between recent probe agency raids and the electoral bonds scheme as mere "assumptions.".

Addressing the India Today Conclave 2024, Sitharaman defended the government's move to introduce electoral bonds, stating that it has brought transparency to political funding..

Sitharaman's remarks came amidst controversies surrounding the electoral bonds scheme, which allows anonymous donations to political parties..

The Finance Minister's statement also follows recent raids by probe agencies on individuals and entities allegedly linked to the electoral bonds scheme..

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