The party recommended that electoral bonds should be issued without any serial number or identification marks.
The Bharatiya Janata Party (BJP) had pitched for greater anonymity for donors of electoral bonds, according to a letter sent by party general secretary Bhupendra Yadav to Finance Minister Arun Jaitley in August 2017 when the scheme was being drafted. This letter was obtained by activist Lokesh Batra through a Right to Information application.
The party recommended that electoral bonds should be issued without any serial number or identification marks so that they cannot be used to identify donors. The final scheme did include serial numbers on the bonds, as demanded by the State Bank of India which issues the bonds. The SBI does not share the number with anyone, including the government or bond users, and the number cannot be used to track the donation or the buyer, according to the Finance Ministry.
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