New Delhi, March 7 : Former Finance Minister P. Chidambaram lambasted the BJP- led Narendra Modi government over receiving bulk of electoral bonds saying that corporate donation is a way of expressing gratitude to the government for the favours extended.

"Why are corporates so eager to donate through the non-transparent electoral bonds mechanism? " he questioned.

Some corporates, he said, do not donate through Electoral Bonds as they love democracy.

"Corporate donation is the way to express their thanks to the Government for the numerous favours they had got in the past years. "

"It is a neat arrangement. Favours are done quietly. Rewards are received secretly. Long live our anonymous democracy" he added.