In hindsight, all will regret scrapping of electoral bonds: PM40Photo© hindustantimes.com

In hindsight, all will regret scrapping of electoral bonds: PM

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In an interview with ANI, the prime minister said that the country has been pushed towards "black money" in elections and everyone will regret it.

"…I never say that there is no shortcoming in decision-making. We learn after discussing and improve. There is a lot of scope of improvement in this also. But today we have completely pushed the country towards black money, hence I say everyone will regret it. When they will think honestly, everyone will regret it," Modi told the news agency.

The electoral bonds scheme, which was notified by the government on January 2, 2018, was pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.