inflation

Against Deregulation of Diesel Prices

The CPI(M) condemns the deregulation of diesel pricing. This is nothing but an abdication of the responsibility of the government to control and regulate the prices of a crucial item of fuel which has a direct impact on the prices of all essential commodities......The CPI(M) reiterates that the gas pricing system should not be based on the average of prices ruling in international hubs without any reference to the domestic cost of production of gas. .....The announcement of cash transfer scheme through banks for delivery of subsidy for LPG cylinders will lead to the exclusion of a substantial section of the people ...

P.B. Communiqué

During the nearly two months of the Narendra Modi government, it has become clear that the government will adopt policies for the benefit of big business and international finance capital. The direction of the Union Budget for 2014-15 is to provide concessions to the corporates and the upper classes at the expense of the poorer sections. It is a trajectory for significant privatization of the economy through large-scale sale of public sector shares and greater reliance on public-private partnership. The fiscal deficit will be reined in only by expenditure cuts and squeezing the people further.

On Union Budget

The budget essentially fails to chart a trajectory to increase growth and investment, create employment and check inflation that was needed in the current scenario. It is a budget relying more on privatisation and foreign investment and short on innovative ideas to increase revenue. The budget is grossly regressive and anti-people and would increase the burden on the common people.

Decontrol of Diesel Prices

Decontrol of Diesel Prices

The Central Committee condemned the decision of the UPA government to decontrol diesel prices. This will lead to continuous increase in the prices of diesel just as it happened with the prices of petrol after deregulation. The rise in the prices of diesel will impact on transport and increase inflation. It will also affect farmers adversely. The UPA government is adamant about further burdening the people who are already suffering from ever increasing price rise of all essential commodities.

Central Committee Communique

The Central Committee finalized the programme of the all India jathas to be conduced by the Party. These jathas which will traverse the length and breadth of the country will propagate the Party’s stand on various major issues affecting the people and the alternative policies of the Left. The issues of food security and price rise; land and house sites; employment; education and health; and the fight against corruption will be focused in these jathas.

Press Communiqué

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