IN the United States of America, Trump administration has given a 90-day deadline to ByteDance, its Chinese owner, to sell its assets to a US company or shut shop. Microsoft, Oracle and a group including Twitter, are in negotiations with ByteDance for buying TikTok’s US business that also includes Canada, Australia and New Zealand. ByteDance is valued between $100-200 billion, with its US business alone estimated to be in the range of $20-50 billion.
Below we publish the statement issued by the Central Trade Unions – INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU, LPF and UTUC – on August 25AFTER the announcement on August 18, 2020, by the civil aviation minister Hardeep Singh Puri that his ministry would place a proposal for further privatisation of airports before the union cabinet, the cabinet rubber stamped the proposal for leasing out three airports – Jaipur, Guwahati and Thiruvananthapuram – through public private partnership (PPP), on August 19.
AN all-party meeting presided over by the chief minister of Kerala, that was held in Thiruvananthapuram on August 20, has demanded the central government to withdraw its decision to handover Thiruvananthapuram International Airport to the Adani group. All attendees except the BJP representatives had sharply criticised the privatisation of airport.
THERE is a commonly-held view that the current crisis in capitalism, which has resulted in a massive output contraction and increase in unemployment, is because of the pandemic; and that once the pandemic gets over, things will go back to “normal”.This view is entirely erroneous for two reasons. The first which has been often discussed in this column, has to do with the fact that even before the pandemic the world economy was slowing down. In fact ever since the financial crisis of 2008 following the collapse of the housing bubble, the real economy of the world had never fully recovered.
CPI(M) Polit Bureau has issued the following statement on August 27THE Polit Bureau of the CPI(M) is firmly opposing the move to unilaterally push the conduct of JEE-NEET examinations for admission to professional courses across the country.
After the Communist Party was allowed to function legally, for the first time since its formation, it organised a Convention of Party cadre working in the Trade Union front (AITUC in the main, but also other trade unions). Around 300 comrades attended this two-day convention held in Calcutta, in 1952, where the Party’s approach to the workers’ issues and methods to be adopted while working in the TU front were discussed, decided and certain directions were given.
THE pandemic and the lockdown imposed by the Modi government has led to an unprecedented collapse of economic activities and a severe contraction of the economy. Steep hike in unemployment is the most obvious manifestation of this reality. Instead of taking measures to address this catastrophic situation, let alone arresting this havoc, there is indulgence in gimmicks.The terrible situation is manifest in the available data.
Below we publish the statement issued by the signatories to the Gupkar Declaration – Farooq Abdullah, JKNC; Mehbooba Mufti, JKPDP; G A Mir, JKPCC; M Y Tarigami, CPI(M); Sajad Gani Lone, JKPC and Muzaffar Shah, JKANC. THE signatories to the Gupkar Declaration of August 4, 2019 have barely managed to establish basic level of communication with each other, in the face of a series of prohibitive and punitive curbs imposed by the government, aimed at impeding all social and political interactions.
AT the call of the Central Committee of the CPI(M), a week-long campaign from August 20-26, followed by protests, was held throughout the country on 16-point demand charter. Below we publish reports from the states:KERALAAs per the call of the Central Committee the protest satyagraha against the anti-people policies of the central government was held on August 23 evening from 4 pm to 4.30 pm and it was a thundering success in Kerala. The satyagraha was conducted fully complying Covid-19 protocol.
THE state committee of CPI(M), Bihar met online on August 7. The meeting was addressed by Polit Bureau member Hannan Mollah. He highlighted the main developments in the international and national arena and underlined the superiority of socialist system which has come to the fore during the coronavirus pandemic.