Peoples Democracy newsletter

Peoples Democracy newsletter

Central Offensive against Credit Cooperatives

THE frenzy unleashed by the demonetisation of 1000 and 500 rupee currency notes has entered the third week. The Indian economy is still decelerating and in a sense imploding. The first assessment of the likely impact of the currency debacle on GDP growth has come from AMBIT, who has revised the GDP growth rate for 2016-17 from 6.8 to 3.5 percent. They estimate the growth in the current quarter to be in the negative. I find it difficult to reconcile with such a precipitous fall but, the Indian growth story has been tripped.

Allow Cooperative Banks to Exchange Demonetised Notes: BEFI

THE Bank Employees Federation of India (BEFI) has appealed to the finance minister to ensure that cooperative banks including primary agricultural cooperatives are permitted to exchange old Rs 500 and Rs 1,000 notes to mitigate the sufferings of the rural populace, particularly peasants.BEFI general secretary Pradip Biswas, in a letter to finance minister Arun Jaitley on November 17, said the Reserve Bank of India’s decision barring District Central Cooperative Banks (DCCBs) and other cooperatives from exchanging and accepting demonetised notes has landed the rural people, particularly the

Kisan Sangharsh Jatha Concludes in a Huge Rally

THE three week long Kisan Sangharsh Jatha, organised by the All India Kisan Sabha (AIKS), concluded in a huge public rally in New Delhi on November 24, 2016. The jatha originated from four different destinations in India – Jammu, Kolkata, Virudhunagar and Kanyakumari. Each jatha led by their leaders – Amra Ram, Hannan Mollah, Vijoo Krishnan and P Krishnaprasad respectively – travelled a cumulative distance of 25,000 km covering almost all regions of the country.

AIAWU Denounces Demonetisation

THE All India Agricultural Workers Union (AIAWU), in a statement issued on November 19 has demanded the central government to make immediate arrangements to dispense the wages of MNREGA workers on priority basis.  Crores of MNREGA workers have not been paid due to lack of lower denomination notes over the last two weeks.  Crores of workers’ wage dues are pending for more than three months and the central government has admitted the same in Supreme Court and assured that it will be paid as soon as possible.

Make Railways Safe

THE railway accident involving the Indore-Patna Express at Pukhrayan, near Kanpur, has taken a terrible toll.  146 passengers perished and over 250 were injured, some of them maimed for the rest of their lives.

New Thrust to International Solidarity

THE 18th International Meeting of the Communist and Workers' Parties (IMCWP) saw a renewed vigor and determination in the resolve to work together in the coming days. This is quite natural as the IMCWP was held for the first time in a socialist country, Vietnam, ever since the process began with the first meeting held in 1999 in Greece.India can legitimately claim to have given the inspiration for this idea as the CPI(M) organised an international seminar on the 'Contemporary World Situation and the Validity of Marxism' in 1993, coinciding with the 175th birth anniversary of Karl Marx.

CPI(M) Holds Workshop on Caste Oppression for Hindi States

THE Communist Party of India (Marxist) held a two-day workshop on caste oppression for the Hindi speaking states. 68 comrades from 10 states attended the workshop. The workshop underscored that for developing the Party and the Left and democratic movement in the Hindi-speaking states, it is essential to take up social issues. Among the various social problems, the major issue is of the deep-rooted caste system and the caste oppression engendered by it. Class exploitation and caste oppression are inextricably intertwined.

Mid day Meal Workers Hold Padav in New Delhi

MID Day Meal Workers, at the call of the Mid Day Meal Workers’ Federation of India, held a big ‘Padav’ at Parliament Street in New Delhi on November 10-11, 2016, against the move to dismantle the School Mid Day Meal Scheme and for the long pending demands of minimum wages and social security for the 25 lakh mid day meal workers.Modi led NDA government has in the last two years cut the budget allocation for the MDM scheme by one-third.

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