Electoral bonds are 'legalised bribery', says P Chidambaram
New Delhi (PTI): Senior Congress leader P Chidambaram on Saturday described electoral bonds as "legalised bribery" and claimed that, as their fresh tranche opens on October 4, it will be a "golden harvest" for the BJP.
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.
The decision comes ahead of assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram. The poll dates in these states are likely to be announced 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 cent of the so-called anonymous donations will go to the BJP."
"The crony capitalists will open their cheque books to write out their 'tribute' to the lord and master in Delhi," the former Union minister said.
Electoral bonds are "legalised bribery", Chidambaram added.
Electoral bonds have been pitched as an alternative to cash 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 authorised 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 democracy in the country.
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US rules out use of nuclear weapons against Iran
Washington DC: The White House has reportedly ruled out the use of nuclear weapons against Iran, even as uncertainty continues over ongoing peace negotiations and a deadline set by US President Donald Trump approaches.
Issues bout a possible escalation had increased after US Vice President JD Vance said that the United States has “tools in our toolkit that we so far haven’t decided to use” in dealing with Iran.
His remarks came amid rising tensions and ahead of a deadline linked to peace efforts.
The situation has attracted attention as Trump warned Iran that its “whole civilization will die tonight tonight” if an agreement is not reached by Tuesday at 8 pm.
This statement led to speculation about the possibility of extreme military measures, including a nuclear strike.
Following Vance’s comments, the White House issued a clarification distancing itself from such interpretations. In a post on X, it said, "Literally nothing @VP said here 'implies' this, you absolute buffoons." In a later statement, it added that “only the president knows” what action will be taken regarding Iran.
Literally nothing @VP said here "implies" this, you absolute buffoons https://t.co/7JU3wXMaWX
— Rapid Response 47 (@RapidResponse47) April 7, 2026
