Peoples Democracy newsletter

Peoples Democracy newsletter

BJP: Political Failure in J&K

CPI(M) Polit Bureau has issued the following statement on June 19

THE decision of the BJP to withdraw from the coalition government with the PDP in Jammu & Kashmir at this particular moment has the potential of creating greater political instability in the state. It signifies the total political failure of the BJP’s approach in Jammu and Kashmir.

BJP: Political Failure in J&K

CPI(M) Polit Bureau has issued the following statement on June 19

THE decision of the BJP to withdraw from the coalition government with the PDP in Jammu & Kashmir at this particular moment has the potential of creating greater political instability in the state. It signifies the total political failure of the BJP’s approach in Jammu and Kashmir.

George Soros on the Current Conjuncture

BILLIONAIRE financier George Soros has set financial markets aflutter by suggesting that a new world financial crisis is in the offing. In a speech he gave recently to a think-tank, he underscored the outflow of finance capital from the third world which is likely to catch these economies in a cycle of exchange rate depreciations and austerity. And he talked specifically of the European Union facing an “existential crisis” on account of three factors: its territorial disintegration as exemplified by Brexit, austerity, and the refugee crisis.

Military Agreement with the US: COMCASA is on Again

AFTER years of wavering by India despite continuous prodding by the US, first under the UPA and then even by the BJP, it appears that another of the “foundational agreements” between the US and India on military collaboration is on the verge of being signed. Three such agreements are part of the package required to be signed by all US allies to allow the latter to acquire and effectively operate advanced US military equipment inter-operably with US forces.

MAHARASHTRA: Thousands of Peasants Participate in AIKS Struggle

JUNE 1, 2018 marked the first anniversary of the beginning of the historic united farmers’ strike in Maharashtra, which lasted for 11 days. The AIKS played a key role in the strike. This strike forced the unwilling BJP-led state government to concede a Rs 34,000 crore loan waiver package, declaring that Rs 1.5 lakh would be waived per farmer. However, the onerous set of conditions that it imposed threw lakhs of farmers out of the loan waiver net.

Lateral Entry: Subverting Civil Service

THE policy announced of lateral entry into the civil service at the level of joint secretary has raised a number of questions.  The central government has advertised for ten posts of joint secretary to be recruited by a committee headed by the cabinet secretary. The applicants can be from either the public sector, universities, or, the private sector including those working in multinational companies.  The requirement is that they should have 15 years experience in the job. 

Singapore Summit: A Landmark Event

THE Singapore meeting between the leader of the DPRK Kim Jong-un and the president of the Untied States Donald Trump on June 12 was a landmark event. The joint statement issued after the summit committed the United States to provide security guarantees to the DPRK while Kim Jong-un reaffirmed his commitment to the complete denuclearisation of the Korean peninsula.

Trump versus the Rest

DONALD Trump’s leaving the G-7 summit without budging an iota on protectionism is indicative of the disunity among the leading capitalist countries on the strategy to overcome the capitalist crisis. Trump has decided that the US would go its own way, by enlarging the fiscal deficit, not just for giving tax concessions to the corporates, which would have little demand-stimulating effect anyway, but also for increasing government expenditure which would have this effect, and at the same time by protecting the domestic market.

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