Senior Congress leader P Chidambaram on Satu𓄧rday described electoral bon𝓡ds as "legalised bribery".
He claimed ele✱ctoral bo⛎nds will be a "golden harvest" for the BJP as the fresh tranche opens on October 4.
The government on Friday approved the issuance💯 of the 28th tranche of electoral bonds that will open 🎃for sale for 10 days beginning October 4, reported PTI.
The decision comes ahead of asse🐈mbl♐y elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram.
The poll dates in these states are likely to be an💙nounced soon.
In a post on X, Chidambaram noted that the 28th tranche of the electoral bonds will open on October 4 and said, "It will be a golden harvest for the BJP. Going by the past records, 90 per ওcent of the so-called anonymous donations will go to the BJ🎃P."
"The crony capitalists will open their cheque books to write out their 'tribute' to the lord and master in Delhi," the former U𝔉nion minister 🧸said.
Electora🎶l bonds are "legalised bribery", Chi☂dambaram added.
Electoral bonds have been pitched as an alternative to cashꦦ donations made to political parties as part of efforts to bring transparency to political funding.
The sale of the first batch of electoral bonds took place in March 2018. The State Bank of India (SBI) is the only bank author꧂ised to issue electoral bonds.
Electoral bonds can be purchased by Indian citizens or entities incorporated 🧸or established in the country.
Registered political parties that have secured not less than 1 per cent of the votes polled in the last Lok 🌃Sabha or legislative assembly elections are eligible to ♕receive funding through electoral bonds.
The Congress had alleged on Tuesday that the electoral bonds scheme is one of the most "diabolical acts" of the Narendra Modi government as it undermines the electoral system and 𒆙democracy in the country.