[Marxistindia] Oppose further economic burdens on the people

[news from the cpi(m)]

November 6, 2014

Press Statement

 

The Polit Bureau of the Communist Party of India (Marxist) has issued the
following statement:

 

Oppose Further Economic Burdens on the People

 

The Union Finance Minister has, once again, reconfirmed that the Modi
government  is continuing with the anti-people neo-liberal economic reforms
followed by the previous UPA government. Further, the Modi government is set
to pursue such reforms more aggressively.  

 

Speaking at the inaugural session of the India Economic Summit organised by
the World Economic Forum and the Confederation of Indian Industry, the
Finance Minister said that his government has begun the long journey of
reforms.  He said that the government has set new rules for allocation of
mining licenses through e-auction. Commercial mining by private investors is
also being extended for other minerals apart from coal.  Coal is a sector
that has been nationalized by parliamentary legislation.   Such
privatization of India's rich mineral resources, instead of such mining
being confined to the public sector, will only allow maximization of private
profits without developing domestic industry that should utilise these
resources for domestic job creation and economic growth.  

 

He announced that in the defence sector, railways and real estate larger
scope for foreign investments is being eased.  

 

Already having curtailed the MGNREGA, the FM has now informed that his
government will amend the Land Acquisition Bill to permit private schools,
hospitals, hotels etc on land acquired by the government to facilitate the
building of "Smart Cities".  This will impose further burdens depriving
large sections of the Indian peasantry of their livelihood and pushing
greater numbers towards "distress suicides".  

 

Informing that the Modi government will provide greater profit maximization
avenues to international finance capital, the FM said that India will
facilitate WTO trade facilitation and said that this government has no
"ideological opposition" on this issue.  The Modi government will pursue
reducing the existing meager subsidies for the poor further in the name of
"rationalization".

 

Such reforms will impose further miseries on the already groaning  sections
of the vast sections of our population.  The Polit Bureau of the CPI(M)
disapproves of such announcements on the eve of the winter session of the
Parliament. No such reforms must be implemented without the Parliament
first discussing and approving them. Popular people's protest will be
intensified against such an economic policy direction that imposes greater
burdens on the livelihood of the vast mass of our people. 

 

eom

 

Central Committee

Communist Party of India (Marxist)

A.K. Gopalan Bhawan

27-29, Bhai Vir Singh Marg, Gole Market

New Delhi 110 001

 

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