Oppn Calls Electoral Bonds a ‘Scam,’ BJP Says Will Bring ‘Honesty’

Venkaiah Naidu has said he has examined the issue and it was not important enough to set aside the business.

2 min read
BJP and Congress trade barbs over electoral bonds.

Opposition parties led by the Congress on Friday, 22 November, sought to raise the issue of electoral bonds in Rajya Sabha but were not allowed by the Chair.

The Congress and other parties gave several notices under Rule 267 seeking setting aside of the business to take up the issue after news reports suggested that the Finance Ministry overruled objections of the Reserve Bank of India (RBI) on the bonds.

Chairman M Venkaiah Naidu, however, said he has examined the issue and it was not important enough to set aside the business.

He, however, said members could seek a debate or raise it under different rules.

Congress’ Anand Sharma said members normally do not invoke Rule 267 unless demanded by the gravity and seriousness of the issue. He demanded that the business be suspended and government be asked to make full disclosures.

Naidu overruled him, saying he receives an average of 4-5 notices every second day and cannot set aside business every time.

“I am not convinced about the sudden necessity to discuss (electoral bonds). But I am convinced about necessity to discuss and so it can be taken up in a different form,” he said.

‘Electoral Bonds Are a Big Scam’: CPI(M)

Opposition members were not satisfied and continued to raise the issue. CPI (M)'s T K Rangarajan termed electoral bonds as a “big scam.”

As members continued to speak, Naidu threatened to adjourn proceedings if they continued.

As order was restored, Naidu said Congress’ Digvijaya Singh has given a Zero Hour notice on the issue which he is allowing.

But later said Singh could raise the issue whenever a debate on the issue takes place. Singh was not satisfied and began arguing. Naidu ordered that Singh's arguments will not go on record.

Singh was heard saying that the Chair has been “unfair” to him. Naidu shot back, saying this was not the way to threaten the chair.

“You have been totally unfair with all your experience,” Naidu told Singh.

CPI(M)‘s Sitaram Yechury also tweeted on the issue and said, “Scrap electoral bonds.”

The issue of electoral bonds has snowballed into a political flash point following reports based on RTI response of the government which stated that the RBI and the Election Commission had reservations over them, but were overruled by the Modi government.

BJP on Electoral Bonds

A day ago, hitting back at the Congress over the issue of electoral bonds, the BJP said “the alliance of the defeated and the dejected corrupt politicians” do not want clean, tax-paid transparent money to fund elections.

BJP maintains that electoral bonds brought honesty in electoral politics. On Friday, the party tweeted:

(With inputs from PTI)

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