(Weekly Organ of the Communist Party of India (Marxist)
February 12, 2012
Resist Further Onslaughts
IT is only natural that the ongoing elections to the state assembly in Uttar Pradesh should evoke so much passion and acrimony. Such crescendo is only bound to rise in the coming fortnight. The reasons are manifold. Dust rises from the sharply polarised four cornered contest between the ruling BSP facing anti-incumbency, the desperately contending SP, a BJP in disarray seeking to regain some degree of semblance of its past glory (sic) that led to the demolition of the Babri Masjid and the publicity of sound and fury of the Congress campaign led by home grown younger generation.
Importantly, UP’s results
had a bearing on national politics. It remains the largest populous
the country. Its numbers in the Lok Sabha often decides the composition
of the central
government and its leadership. It has given
Further, in the current situation, in the case of a hung assembly, post results, the combinations and manipulations that follow for establishing a majority will significantly influence the balance of coalition at the centre. Hence, it is no surprise that these elections are causing such a campaign flutter.
session will now
have to wait for these results, along with those of Punjab,
The Supreme Court has cancelled the 2G licenses, thus, negating the telecom minister’s claim that there is no scam as there is “zero loss to the exchequer” and that nothing “irregular” happened. New areas of conflict have arisen over the age controversy of the Army Chief, with ISRO scientists refuting the government claims over the Antrax scam and IAS officers in Andhra Pradesh protesting against CBI action against them on charges of corruption, leaving the ruling politicians alone. Price rise continues to burden the people, distress suicides of the farmers continues unabated. The PM himself admitted that the nutritional status of our children is a “national shame”. He also bemoaned the sorry state of affairs in developing scientific research in the country that is bound to adversely affect our future. Problems with allies in the UPA keep mounting with relentless shedding of ‘crocodile tears’ for the common man and throwing of tantrums by the Trinamool Congress.
The confidence that the
displaying to brazen out these developments appears to arise from the
it seems to be drawing from the hope that the results of the current
in some states would be in its favour. It hopes to wrest Uttarakhand
from the opposition, succeed in numerical manipulations in
On this basis, the UPA is preparing to launch a more aggressive offensive of liberalisation in the current budget. Even otherwise, under the pretext of containing the burgeoning fiscal deficit such an agenda seems to be on the anvil.
While we said above that this government is in the grips of a directionless drift on all counts, on this score of relentlessly pursuing neo-liberal economic reforms it has a single minded dedication.
The UPA-II government
appears all set
to bring in crucial financial reforms in the budget, legislations that
parties had prevented from being made into law for the last seven
refuses to learn from our own experience that the prevention of such
of our financial sector is what helped
The hopes in
Making capital available more freely and less expensively alone cannot spur economic growth. This can bolster profits for international finance capital and Indian big business. However unless the purchasing power in the hands of the people rises, sustainable economic growth would not be possible.
Repeatedly we had been
that instead of giving staggering amounts of tax concessions to the
(nearly Rs 15 lakh crore during the last three years), these amounts
collected and used for public investments to build our much
and economic infrastructure while generating large-scale
consequent growth of domestic demand in
Despite the growing
struggles against the ongoing capitalist crisis as seen in the
However, while this larger
(February 8, 2012)