Union minister Nitin Gadkari on Friday said it is not possible to run a political party without funds and added the Centre had introduced the electoral bonds scheme, now struck down as unconstitutional by the Supreme Court, in 2017 with a “good intention”.
The senior BJP leader said all political parties need to sit together and deliberate if the Supreme Court gives any further direction on the matter.
He made the comments at an event organised by a media house in GIFT City near Gandhinagar.
“When Arun Jaitely was (Union finance) minister, I was part of that discussion (regarding electoral bonds). No party can survive without resources. In some countries, governments fund political parties. There is no such system in India. Thus, we chose this system of financing political parties,” said Gadkari on a question about electoral bonds.