Serious question as I want to understand this - how is Electoral Bond a scam?
Today we know who funded which party and how much because of Electoral Bonds. True, SC made that data public, but that data existed in the first place due to electoral bonds. Earlier this info was not available - no body knew which party is getting funds from which source. So how is that a scam?
If by scam you mean to say that BJP got the most donations, I don’t think the act of getting donations qualifies for a scam no matter the amount.
What should be considered a scam is BJP arm twisted corporations / individuals to get funds. BJP should be called out for that, but we are able to do that because of the existence of Electoral Bonds in the first place.
So back to my question - why are we calling Electoral Bonds a scam and wouldn’t the scrapping of this make the donation system opaque like it used to be earlier? What am I missing?