Govt overruled RBI to introduce poll bonds: Cong

• Tuesday | 19th November, 2019

New Delhi, November 18The Congress on Monday alleged that the Modi government had overruled the RBI to introduce electoral bonds to enable “black money to enter the BJP coffers” and demanded that the scheme be scrapped immediately. Citing media reports and RTI responses, the Opposition party alleged that the government asked the Reserve Bank of India (RBI) for its opinion just days before unveiling electoral bonds, but dismiss its reservations and objections. Congress general secretary Priyanka Gandhi Vadra alleged that electoral bonds were “cleared by bypassing RBI” and “dismissing” national security concerns. Congress MP Rajeev Gowda termed the electoral bond scheme “fraudulent” and claimed that it eliminates a level-playing field. The government brought the scheme as a money Bill so that changes cannot be made in it in the Rajya Sabha,” the Congress MP alleged.