Fiscal Fallacies

“MAINSTREAM” economics does not appear to understand the functioning of the bourgeois economic order; and nowhere is this more evident than in matters relating to fiscal policy. It holds to this day that a fiscal deficit “crowds” out private investment by reducing private borrowing.

Electricity Sector’s Continuing Crisis and Crony Capitalism

THE problems of the electricity sector have grown with the neoliberal reforms of the sector that started from the 90’s. The Enron style reforms introduced high cost private power into the grid in the 90’s, followed by the Electricity Act 2003, which virtually de-licensed generation and abolished planning of the power sector. We now have the new proposal of separating what is called “carriage from the content”, which shorn of this new English, means that electricity flowing though wires will be owned by separate entities than the one owning the wires.

Ninth All India Conference of AIFAWH: Anganwadis Declare War against Hunger and Hatred

THE ninth national conference of the All India Federation of Anganwadi Workers and Helpers (AIFAWH) has resolved to take up a campaign to free the nation from hatred and discrimination. The four-day conference was held in Rajamahendravaram (Rajahmundry), Andhra Pradesh and had concluded on November 20, 2019.

BJP Exposed in Maharashtra Debacle

NOW that the three-day wonder of the Fadnavis government has disappeared, one can look back at the whole sordid episode for what lessons can be learnt.happened on the night of November 23 and morning of 24 was a brazen assault on the constitution and democratic principles. More disturbingly, three constitutional authorities were involved in this self-incriminating project – the governor, the prime minister and the president of India.

Convention of Oil & Petroleum Workers

A NATIONAL convention of oil and petroleum workers was held at the Constitution Club, in New Delhi on November 20. It was jointly organised by trade unions of different affiliations as well as the unaffiliated ones functioning in ONGC, IOC, OIL, BPCL and HPCL. Around 300 representatives from these oil PSUs from all over the country participated in the convention. The delegates came from the states of Assam, West Bengal, Gujarat, Maharashtra, Tamil Nadu, Kerala and national capital of Delhi.The inaugural address was delivered by INTUC president G Sanjeeva Reddy.

Citizens’ March against Commercialisation of Education

ON November 23, 2019, thousands of citizens’ joined the March called by Jawaharlal Nehru University Students’ Union against fee hike, administrative authoritarianism, and privatisation and commercialisation of education with a demand to make education affordable, accessible and inclusive to all sections of society. The March called from Mandi House to Jantar Mantar was joined by students of IIT’s, IIM’s, alumni of JNU, trade unions, women’s organisations, Delhi Parents’ Association and members from several organisations.

Bihar Left Parties hold protests

ON November 13, joint militant demonstrations and dharnas were organised in most of the district headquarters led jointly by the CPI(M), CPI and Mahagathbandhan partners of Bihar.Raising slogans against the anti-people, anti democratic and communal policies pursued by the central and state governments, the leaders and cadres of the platform in large numbers paraded the main thoroughfares in different districts and submitted the charter of demands, highlighting the failures of the government of the day on each and every front. The 15 years misrule of the present regime has aggravated, the m

Slum Dwellers hold massive march in Bhubaneswar

A MASSIVE march of the slum dwellers was held from Saliasahi to Vidhan Sabha on November 22 in Bhubaneswar against their proposed eviction. Later a strong public meeting was held in which more than 20,000 people participated. This seven kilometre march in the city brought the issue of the slum dwellers to the fore.It may be put on record that the slum dwellers of Saliasahi region of the city have not been served any notice directly by the government agencies.

Telangana: Historical strike of Telangana Road Transport Workers

TELANGANA State Road Transport Corporation workers have been on a historic strike since October 5 demanding solution to their long-pending demands, including merger of the corporation with the government, pay revision and recruitment to various posts. Instead of addressing the workers’ demands, Chief Minister K Chandrashekar Rao, in a sudden and disastrous move, announced dismissal of 48,000-odd protesting employees, out of a total 49,190 workforce of the corporation. Even the High Court has refused to declare the strike as illegal.

Once Again on the Formation of CPI - 5

From this issue onwards, we will publishing the column on the centenary of the Communist Party formation, every weekWITH the CPI(M) conducting a year-long observance of the 100th anniversary of the formation of the Communist Party of India on October 17, 1920 in Tashkent, the issue of the actual date of the formation of the party has come up again. It is well-known that the CPI considers the Kanpur Communist Conference of December 26, 1925 as the foundation date of the Communist Party of India.In this column, we have covered the October 17, 1920 meeting in Tashken

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