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Reacting to HuffPost India’s exclusive report on electoral bonds, opposition leaders and politicians on Monday criticised the Modi government and called on it to respond.
The report, published on Monday morning, is part of #PaisaPolitics, a HuffPost India investigative series by journalist Nitin Sethi that looks into how the Modi government brought untraceable funds into Indian politics.
Days before unveiling electoral bonds, the Modi government pretended to ask the RBI for its opinion, only to summarily dismiss the central bank’s reservations, documents show.
The report found that former finance minister Arun Jaitley took just hours to dismiss the RBI’s warning that electoral bonds could funnel black money into politics and destabilise the Indian currency.