Peoples Democracy newsletter

Peoples Democracy newsletter

Economic Recovery or a Statistical Illusion: Some Observations on Recent Estimates of GDP Growth

ON November 30, the Central Statistical Office (CSO) came out with quarterly estimates of GDP for the second quarter (June to September) of 2017. Predictably, analysts and spokespersons of the government spent the evening in newsrooms of various TV channels celebrating what they claimed was a sign of revival of the economy. Next morning, revival of economy was the front page news in almost every newspaper. If there was any adverse impact of demonetisation and GST, it was claimed, here was the evidence that such an impact was only short-term and had started to wane.

Sen Opposes ESIC Reorganisation Move

CITU general secretary and parliamentarian Tapan Sen has written to Union Labour and Employment Minister Santosh Gangwar, seeking his intervention to stop the proposed reorganisation of the Employees’ State Insurance Corporation (ESIC) through merger of sub-regional offices in different states. In a letter on November 30, Sen said that such a move would lead to “immense and unmanageable difficulties for insured persons to have their lawful benefit denied by lower-level offices/establishments”. It is surprising that the ESIC management has proposed to shut 18 of the 39 sub-regional offices (

Saudi Arabia: Crown Prince

IT had been a hectic couple of years  for the Saudi crown prince, Mohammed bin Salman or MBS as he is now popularly known, since he became the de facto ruler of  the kingdom. He started by imposing a war on Yemen two years ago that has devastated the country, the poorest in the Arab world. Then he decided to do regime change in neighbouring Qatar. He has failed in achieving his goals in both Qatar and Yemen.

TAMIL NADU: R K Nagar Bypoll: CPI(M) Calls for the Defeat of BJP-AIADMK alliance

IN the long awaited bypoll to the R K Nagar assembly constituency to be held on December 21, the Tamil Nadu state committee of the CPI(M) has decided not to be in the fray but to support DMK from its own platform in order to defeat AIADMK and to expose the nefarious designs of the BJP in the state.A year ago, the AIADMK supremo Jayalalitha died after 75 days long hospitalisation and since then the events unfolding in Tamil Nadu shows how her ministerial colleagues and close friends are running helter skelter to save their skins by toeing the BJP diktats thereby sacrificing all the long held

Privatisation of Oilfields Opposed

THE Petroleum and Gas Workers’ Federation of India, the largest federation of oil trade unions, has strongly opposed the action of the central government for handing over 15 oilfields of ONGC and OIL to private parties in the name of marginal oilfields auction. The government, under a policy adopted on September 2, 2015 after closing the New Exploration Licensing Policy (NELP), selected 67 oilfields for auction.

PRE-BUDGET 2018 CONSULTATIONS: Central Trade Unions Put Across their Demands to the FM

THE finance minister held Pre-budget 2018 discussion with the representatives of central trade unions on December 5, 2017. Representatives of all the central trade unions attended the meeting. CITU was represented by its president, Hemalata.The meeting, as every year, appeared to be not more than a ritual. The ‘consultative meeting’ with the 12 trade unions that were called, lasted for around one hour. The trade union representatives were requested to give their opinions in 3-4 minutes.

Condemn US Step on Jerusalem

CPI(M)  Polit Bureau has issued the following statement on December 7, 2017THE Polit Bureau of the CPI(M) strongly condemns the decision of US President Donald Trump, to recognise Jerusalem as the capital of Israel and to shift the US Embassy there from Tel Aviv.This action goes against the United Nations’ and the international community’s stand that East Jerusalem is an occupied territory by Israel since 1967.  An independent Palestinian State with East Jerusalem as its capital is the internationally accepted position.  The United States has taken the formal step of legalising the illegal

Syrian War Reaching Conclusion

THE six-year devastating Syrian war is reaching a conclusive stage. The eighth-round of UN-mediated talks between the government of Syria and the opposition that began in Geneva on November 28, signify a decisive phase in the nearly six years of Syrian War. These talks are to continue till December 15 and widely expected to bring the curtains down on the war that had led to the killing of over 3,30,000 citizens and the displacement of millions of people.

War against People: Targeting People’s Hard Earned Savings

THE rhetoric of ‘crusade against corruption’ now stands exposed.  Prime Minister Modi’s lieutenant Amit Shah admitted it as much.  The Rs 15 lakh bonanza from the black money stashed in foreign bank accounts will never reach.  Shah accepted that this was unadulterated jumla. From demonetisation to digitalisation and the GST; these dramatic initiatives were pitched as grand narrative against corruption.  But this cleansing operation is empty hoax. All the extinguished currency has safely returned to the financial system.  Counterfeits are microscopically small.

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