
Indian Prime Minister Narendra Modi hit back at the opposition and accused it of spreading lies around the electoral bonds scheme and said that "everyone will regret it when there is an honest reflection".
Inan interview to news agency ANI,PM Modi said that the electoral bonds scheme was launched by his government in a bid to combat the use of unaccounted cash and black money inpolls, noting that this was a small plan to achieve the goal and not "the absolute way".
The Supreme Court of India had in a landmark decision in February this yearscrapped the electoral bonds.
"There has been a discussion in our country for a long time that (through) black money a dangerous game is there in elections. The play of black money in the country's elections should end, this discussion has been going on for a long time," PM Modi said.
"I wanted that we try something, how can our elections be free from this black money, how can there be transparency? There was a pure thought in my mind. We were looking for a way. We found a small way, we never claimed that this was the absolute way," he added.
He further lashed out at the opposition and accused it of spreading lies stating that out of the 16 companies that gave donations following action by the probe agencies, only 37 per cent of the amount went to BJP and 63 per cent to opposition parties.
"Of these (16 companies) 37 per cent of the amount went to BJP and 63 per cent to opposition parties," PM said.
"There is an ED raid... the donation is madeto the opposition, will BJP do this? This means 63 per cent of this amount went to the opposition and you are making allegations against us. Their goal is to keep skirting around and run away," he said.
The Supreme Court in February scrapped the electoral bonds scheme calling it "unconstitutional".
The INDIA opposition bloc leaders havebeen repeatedly slammingthe Uniongovernment over thecourt decision and sharply criticising BJP.
The top court in its decision ordered SBI to stop issuing the electoral bonds.
(With inputs from agencies)