FDI in Pharmaceuticals Why Hand Over a National Asset to Foreign MNCs?

IN the recent slew of measures aimed at liberalisation of norms for foreign direct investment (FDI), norms for the pharmaceuticals (medicine) sector have been further liberalised. Existing norms allowed for 100 percent FDI in the case of Greenfield projects (projects that involve infusion of FDI to set up a completely new facility) through the automatic route – ie, without prior permission from the government.

Central Pay Hike Disappointing

The Polit Bureau of the Communist Party of India (Marxist) has issued the following statement on June 30, 2016THE pay hike for central government employees announced by the central government has been disappointing. Based on the Seventh Central Pay Commission’s recommendations, there is only an increase of 14.2 percent in the emoluments in terms of gross salary and the increase in the take-home pay is just 7.4 percent for the lowest category. The central government has deferred the decision on the revision in allowances.The ratio between the lowest and the highest scale continu

On Brexit Reactions

PORTUGUESE COMMUNIST PARTY On the victory of the exit from the European Union In the referendum held in the United Kingdom The following is the press release issued by the Portuguese Communist PartyTHE victory of the exit from the European Union in the referendum held in the United Kingdom is an event of tremendous political magnitude for the people of the United Kingdom and also for the peoples of Europe.It represents a far-reaching change in the process of capitalist integration in Europe and a new threshold of struggle for those

Central Govt Employees to go On Indefinite Strike from July 11

A MASSIVE parliament march and rally of about 20,000 central government employees was held at Jantar Mantar in New Delhi on June 24, 2016. The rally was organised by National Joint Council of Action (NJCA) of central government employees comprising railways, defence, confederation and postal organisations demanding modification in the recommendations of Seventh Central Pay Commission including minimum wage and fitment formula.

Hope and Optimism as LDF Government Completes One Month

THE Left Democratic Front government completed its first month, providing hope and optimism to the people. On May 25, the LDF formed the government, with Pinarayi Vijayan as chief minister, after a tremendous victory in assembly election bagging 91 out of 140 seats.The first cabinet meeting had expressed the government’s will to implement pro-people measures and curtail corruption.

Oppose Price Hike, Restore Democracy: Left Hits the Street

THE burden on common man’s life is the outcome of the policy adopted by the central government and state governments. The attack on food and employability is becoming fierce day by day in Bengal; factories are getting closed; people are losing job and on the other hand skyrocketing price rise of the essential commodities is putting the people in a miserable condition.

Haryana: An Advance Laboratory of ‘Gujarat Model’

THE Khattar-led BJP government in Haryana has just completed one-and-a-half years. Two prominent features have emerged in this short span – fast erosion in its credibility and strenuous attempt at saffronisation of social and administrative environment. Both are moving at a matching speed. A characteristic trinity of its contemptuous approach of disrupting the unity of people, attack on their rights and curtailing of welfare measures is clearly visible.

DELHI: Left Parties Dharna against Cent Percent FDI

THE Left parties – CPI(M), CPI, AIFB, SUCI (C) and CGPI – organised a demonstration at Jantar Mantar on June 27 against the decision of the Modi government to allow 100 percent Foreign Direct Investment (FDI) in a host of sectors including defence sector, retail food trade, civil aviation, cable networks, DTH and other telecom services. Apart from this, 74 percent FDI through the automatic route will be allowed to facilitate takeover of existing Indian pharmaceutical companies. FDI in the private security agencies has been increased from 49 to 74 percent.

CITU Condemns Slapping of ESMA on Striking Haryana Employees

THE Centre of Indian Trade Unions (CITU) has condemned the imposition of the draconian Essential Services Maintenance Act (ESMA) on the employees of the Haryana State Electricity Board by the BJP-led government.CITU has extended total support to the employees who have been compelled to go on a two days’ strike against the decision of the state government to privatise 23 electricity distribution subdivisions with the highest revenue potential.

‘Build Up Intellectual Resistance to Fascistic Ideology’

DRAWING parallels to the BJP regime and the RSS with Hitler and his idea of nationalism, CPI(M) general secretary Sitaram Yechury warned against the metamorphosis of a "secular democratic republic of India into a rabidly intolerant fascistic Hindu Rashtra".Delivering a lecture on 'Neo-liberalism, Communalism and Intellectual Resistance' at the 77th Foundation Day of the National Book Agency in Kolkata on June 29, Yechury cited the Jawaharlal Nehru University controversy as well as "Love Jihad" and "Ghar Wapasi" as a bid by the BJP and the RSS "to replace India's inclusiveness with the exclu

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