Working Class

CITU Working Committee Meeting, Shimla: Fight Anti National Policies of BJP Government Extend Solidarity to Farmers’ Struggles

THE working committee of CITU which met in Shimla from July 14-16 has called upon the working class of the country to intensify struggles against the anti-people anti- national policies of the BJP led government. It also extended full support and solidarity to the struggles of the farmers in various parts of the country and called upon its committees at all levels to actively support their struggles in all possible forms.

GST, the Biggest Neoliberal Push

THE Goods and Services Tax (GST) regime began on July 1, 2017. Thousands of columns in newspapers were filled with news on the “great virtues” of the GST and advertisements by governments and corporates. And, to take credit for it, there is a public debate between former union finance minister P Chidambaram and the incumbent Arun Jaitley as to who fathered the GST; was it UPA or NDA?

SBI Sets a Bad Precedent

STATE Bank of India (SBI), the largest public sector bank in india and the largest bank in the world with regard to network, has set a bad precedent last week by announcing a steep hike in service charges on various categories and introducing certain new service charges.

Neoliberalism and Trade Unions - I

Neoliberalism, the latest phase of capitalism was a response of the capitalist system to the crisis of the 1970s. It gained prominence since the 1980s when the USA and the UK started implementing neoliberalism by embarking upon a programme of economic restructuring. This was later imposed on the entire world through international financial institutions like the IMF and the World Bank. By the 1990s, most of the countries across the world incorporated neoliberal policies as part of their programmes.

Whose Cause RBI Top Executives are Serving?

THE public statements of governor and deputy governor of RBI advocating privatisation of public sector banks are highly deplorable. Naturally a suspicion arises in the minds of the common public as to whose cause they are serving, public cause or that of corporates?

While delivering the Kotak Family Distinguished Lecture at Columbia University at New York, Dr Urjit Patel, governor of RBI (as reported in The Hindu dated  April 25, 2017) has spelt out the following:

·         Merger and consolidation of PSBs (public sector banks)

EEFI Holds National Convention on Equal Wage for Equal Work

THE Electricity Employees’ Federation of India (EEFI) has organised a national convention on ‘Equal Wage for Equal Work’ at Mavalankar Auditorium in New Delhi on April 27, 2017. The convention with participation over one thousand workers, employees and engineers from almost all the states and union territories of the country representing central, state and private power utilities, has adopted a resolution towards needful action on the part of the government to ensure implementation of Supreme Court judgment on equal wage for equal work.


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