Peoples Democracy newsletter

Peoples Democracy newsletter

An Authority with Unfettered Rights

 INTERNATIONAL Financial Service Centre Authority bill, 2019 has been introduced in the Lok Sabha on December 11, 2019 and passed.  This bill was earlier introduced in Rajya Sabha in the month of February 2019.  Now this has been withdrawn and introduced in Lok Sabha as money bill, the obvious reason being to skip its passage in Rajya Sabha where the ruling combination does not enjoy comfortable majority.  The very aim of this bill is to “enable Indian corporates easier access to global financial markets” as has been admitted by the “statement of objects and reason” of the bill.For the past

Towards National Conference of AILU

THE 13th all India conference of All India Lawyers Union(AILU) will be held on December 27-29,  2019 at Kochi in Kerala. A reception committee of 350 members was formed with P Rajeev former MP as its chairman.The AILU all India conference will deliberate on the issues pertaining to the country especially the recently passed constitutional amendment act, which hits at the basic spirit of the Indian constitution.

The Week in Parliament

 LOK Sabha took up a discussion on crop loss due to various reasons and its impact on farmers. Speaking on the subject, A M Ariff said the country is passing through a huge farm distress that is breaking the backbone of the economy. Natural reasons and manmade reasons are responsible for this. Natural reasons include flood, drought, cyclone, diseases affecting the crop, etc., but I feel that manmade reasons are worsening the situation. Sadly, the government policies are aggravating the farm distress. Prices are soaring up, but the farmer is still living in poverty.

The Rise in Inflation Rate

EVEN as the growth rate of the Indian economy is slowing down, and the index of industrial production actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the inflation rate in the economy has started accelerating. Significantly, the acceleration in inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the most pronounced.India’s retail price inflation for the month of November 2019 (over November 2018) was 5.54 per cent.

AIDWA Holds Ten-day March for Liquor-free Tamil Nadu

 THE state of Tamil Nadu stands first as far as the revenue from sale of liquor is concerned. Even during the festival of Deepavali, the state government fixed a target for sale of liquor through the state owned TASMAC shops and ‘achieved’ it. Alcoholism is prevalent even among school students and the number of young widows is increasing in the state. The fact that in many instances of violence, whether it is domestic violence or sexual violence, the culprits were found to be drunk proves the connection between violence and high consumption of liquor.

CPI(M) to challenge CAA in SC

THESE were the emphatic remarks of Sitaram Yechury, general secretary of the CPI(M) in a press conference held on December 16 at Delhi. He said that the Party has given final shape to the petition challenging the Constitutional Amendment Act(CAA), which was passed in the Lok Sabha and Rajya Sabha in the recent parliament session, despite strong opposition from the people and some of the political parties.

Aravukadu Declaration: A Milestone in Kerala’s History

AFTER fifty years, on a rain-drenched day, the Aravukadu temple ground turned red again – in the memory of the legendary declaration that made people, who had no place to live, the owners of the land on which they toiled turning their blood into sweat for generations.CPI(M) general secretary Sitaram Yechury inaugurated the 50th memorial function of the legendary Aravukadu temple ground declaration by AK Gopalan that whether the president gives his approval or not, “we will claim our rights for the land.The fiftieth anniversary of the declaration, which altered the social structure of Kerala

Industrial Relations Code is for Capital to Maximise Profits

THE Industrial Relations Code, 2019 has been introduced in Lok Sabha in the ongoing session. It seeks to replace three important labour laws – the Industrial Disputes Act, 1947; the Trade Unions Act, 1926; and the Industrial Employment (Standing Orders) Act, 1946. The BJP government, in its first tenure itself, mooted this bill, and uploaded it on the labour ministry’s website, in April 2015. The draft was then circulated among the central trade unions in October.

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