Peoples Democracy newsletter

Peoples Democracy newsletter

India Should Not Participate in US Economic War on Iran

IN yet another attempt to destroy a sovereign nation, undermine its economic well-being, the Trump administration has tightened sanctions on Iran.  Under the so-called isolationist Trump, the American empire has become more ruthless, expecting sovereign nations to disregard their own economic well-being and obey imperial instructions. By targeting Iran, the US wants to manipulate global oil supplies and the prices. Today Iran’s contribution to global oil market is in the range of 1 to 1.2 per cent.

BJP Flaring Communal Polarisation

SPEAKING in a seminar on May 2 in Bhopal , Sitaram Yechury, general secretary of the CPI(M) said that in the last five years there has been a twin attack on the people of the country. On the one hand, the democratic values and constitutional provisions were incessantly attacked at the behest of the BJP government. On the other, there was severe attack the livelihoods of the people; economic hardships and inequity in the country increased.

WEST BENGAL: CPI(M) Worker Protesting Vote Loot Killed

CPI(M) worker from West Bengal, Comrade Sk Kamrul, was killed  and five others were grievously injured after members of Trinamool Congress (TMC) assaulted them at Khandaghosh in East Burdwan district on May 5. They were attacked for organising a protest against the ‘vote loot’, the capturing of election booths by the ruling party, in Khandaghosh, Bishnupur Lok Sabha constituency, where elections would be held on May 12.Growing resistance against vote loot has become a striking phenomenon of this election in West Bengal.

World Press Freedom Day on May 3: DUJ Demands Free & Fair Media

IN the 70 years since the national capital’s journalists came together to form a union, the nation’s media and the media community have grown by leaps and bounds. We have seen change, growth, attrition, expansion, retrenchments and closures of media establishments as well as the sprouting of start ups. While the media’s outreach and power has never been as extensive as it is today, the challenges before journalists have never been as stark.Seven journalists were killed in 2018.

BEFI Welcomes SC Order on RBI Disclosure Policy

THE Bank Employees Federation of India has welcomed the Supreme Court’s order on April 26 directing the Reserve Bank to stop blocking disclosure of documents such as the list of loan defaulters and annual inspection reports of banks under the Right to Information Act.The apex court asked the RBI to amend ‘Disclosure Policy’ in line with its earlier ruling on December 16, 2015. The order is part of relentless attempts to extract information in the backdrop of mounting corporate bad debts in banks with the RBI and the government resisting such attempts.

An Economic Paradox

STATISTICS show that the period of neoliberal economic policy in India has witnessed a much higher rate of GDP growth compared to the earlier dirigiste period, indeed almost double the previous rate. They also show that the rate of agricultural growth, especially of foodgrains, in the neoliberal period has been distinctly lower than in the previous period.In per capita terms, the contrast is even sharper.

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