‘Electoral bond issue not only biggest scam in India but…,’ FM Nirmala Sitharaman’s economist husband says

Renowned economist Parakala Prabhakar has projected that the “electoral bond issue” will cost the ruling Bharatiya Janata Party (BJP) heavily. Prabhakar, the husband of Union Finance Minister Nirmala Sitharaman, told news channel Reporter TV, “The electoral bond issue will gain much more momentum than what it is today. Everybody is now understanding that it is not only the biggest scam in India but is the biggest scam in the world. Because of this issue, this government will be severely punished by the electorate”.The BJP has remained the major beneficiary of the electoral bonds as per the data available on the official website of the Election Commission of India.The BJP received the maximum funds via electoral bonds at ₹6,986.5 crore between April 12, 2019, and February 15, 2024, followed by West Bengal’s ruling party Trinamool Congress ( ₹1,397 crore), Congress ( ₹1,334 crore), and Bharat Rashtra Samithi ( ₹1,322 crore).

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