Peoples Democracy newsletter

Peoples Democracy newsletter

WEST BENGAL: Martyr of Nabanna March

THE march to Nabanna witnessed hundreds of people injured, brutalised, many of them with serious injuries. But within a week of the march, the militant movement had to suffer the pain of martyrdom. Comrade Salil Basu of Dum Dum in North 24 Parganas district (60) succumbed to physical injuries, a result of police lathicharge on that day.Bread earner of a poor family, Comrade Basu was a committed CPI(M) worker of Nayapatti in Dum Dum, a traditional base of the Party. He was popular in the locality for his helpful attitude to people. He went to Nabanna march with other comrades of the area.

The Slowdown in GDP Growth

WHEN the CSO had released advance estimates of GDP for the October-December quarter of 2016-17, within which demonetisation had occurred, the fact that the economy had still shown a 7 per cent growth rate, had been an occasion for much celebration in government circles.

The Communal Path to Neoliberalism

THE BJP and the RSS are not only whipping up a frenzy of communalism and nationalism, but also using such sentiments to aid neoliberalism. With all the hue and cry over the central government’s jolting decisions in the recent past, what comes to fore is the discussion on communalism and nationalism, while its direct correlation to neoliberalism is being sidelined, which is precisely what the primary focus should be on.If we look at what has happened to agriculture over the last few years, it is a telling tale of government apathy and disinterest.

Anti-Farmer Stance of BJP Governments

IT is a bitter irony that the  day the news appeared in the newspapers that five farmers were killed in Mandsaur district in Madhya Pradesh due to police firing, the same newspapers carried full page advertisements about the success in the agriculture sector in the three-year rule of the Modi government. Farmers in the districts of Mandsaur, Neemuch, Jhabua, Ratlam and Ujjain were on strike and agitating since June 1 for fair prices for their produce and loan waivers.The farmers threw vegetables and emptied milk tankers on the roads.  The response of the Shivraj Chouhan government was to sh

What is a Derivative?

AT a class I took for SFI activists on May 29 on political economy, someone asked me the question: what is a derivative? My answer, I could feel, was unclear to the audience. Since other comrades too would be having this question in mind, I thought I should attempt, hopefully, a clearer answer here.A derivative is a contract through which the contracting parties trade in risk. The idea of a contract through which risk is traded is not a new one; indeed it is familiar to us all.

TAMIL NADU: Total Failure of AIADMK government

FOR more than eight months since the then chief minister of Tamil Nadu J Jeyalalithaa was hospitalised in late September 2016, the state of government in Tamil Nadu has been nothing short of disastrous for the people of the state. Following the demise of Jeyalalithaa and the subsequent split in the AIADMK, the rival factions of the AIADMK have been far more preoccupied with the struggle for the capture of the AIADMK and the survival of the government than with anything else.

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