NEW DELHI / AGARTLA, April 12 (TIWN): Electoral bonds, which have become controversial as they enable big anonymous donations to political parties, will not be stopped in the middle of the national election that started on Thursday. In an interim order, Supreme Court asked all parties contesting the polls to furnish details of funds received through bonds in a sealed cover to the Election Commission by May 30. The details would be in the election body's "safe custody", the top court ruled, putting off its decision on bonds. It has been a jolt for Election Commission has confirmed that it was BJP to use highest amounts of funds. Sitaram Yechury, CPI-M National General Secretary while addressing at Kailashahar, North Tripura has welcomed the decision saying, Modi Govt’s new law to hide-funding was unlawful and Supreme Court has cancelled Modi’s plan. Most importantly, the Centre and the Election Commission took contrary stands in the Supreme Court on Wednesday on the matter of electoral bonds, with the government wanting to maintain anonymity of the donors while the poll panel batted for revealing the names of donors for transparency.

Yechury also took digs on yesterday’s statewise violence and open poll rigging saying Govt has brought new law in each sector trying to influence all independent organizations including Election Commission.

Prime Minister Narendra Modi's BJP has received most of the funds flowing through the bonds, according to a court filing by the Election Commission.

"We have considered the matter. We examined the stand by the Election Commission. For the present, it needs hearing and it can't be concluded in a short span of time. The court has to ensure interim arrangement and should not tilt in favour of any party," said a three-judge bench headed by Chief Justice Ranjan Gogoi.

The court also directed the finance ministry to reduce the window of the purchase of electoral bonds from 10 days to five in April-May, the period during which staggered national elections are being held.

On Thursday, the Supreme Court had said if the identity of donors buying electoral funds was not known, the government's efforts to check black money in polls would be futile.