New Delhi, April 16 -- Electoral bonds were a way to curb the use of black money in elections and usher in transparency but the Opposition spread lies about it, Prime Minister Narendra Modi said on Monday, as he laid out his vision for a developed India, hailed the Bharatiya Janata Party (BJP) for celebrating diversity, and expressed confidence of a victory in Lok Sabha elections beginning this week.

In an interview to news agency ANI, Modi also underlined his commitment to the poor and middle-class taxpayers, dismissed allegations that federal agencies were working at the government's behest, and stressed on his administration's commitment to simultaneous national and state elections.

"How can our elections be free from this black mone...