Union minister Nitin Gadkari today said that the scrapping of Electoral Bonds scheme would open the gates for black money and all parties should think about developing a better system. In an exclusive interview with NDTV Editor-in-Chief Sanjay Pugalia, Mr Gadkari supported the Electoral Bond Scheme that was developed when the late Arun Jaitley was the country's finance minister.
"It is a fact that money is needed to contest elections. Every party needs that," he told NDTV.
"This scheme was made with the idea that parties would get money through bonds and it will help push the economy if you want to make it number one," Mr Gadkari said, pointing to Prime Minister Narendra Modi's ambitions on the economic front. "What was wrong with that," he questioned.
