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Category Archives: Neo-liberal policy

More PSUs in Selloff line

17 Monday Dec 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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Disinvestment

After somehow managing to pass the FDI in retail resolution in Parliament, the UPA government is aggressively pursuing the disinvestment process of PSU shares. It is reported that the government may disinvest shares in NTPC, Oil India, SAIL, NALCO, and Hind Copper to mop up about Rs.23,000 crore by the end of this financial year.
The Central trade Unions have to continue with its anti-disinvestment protest and the unions in each of these PSUs have to strongly resist the disinvestment move. Selling the nation’s assets to the MNCs and Corporates has to be resisted and stopped.

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NBCC, Hindustan Copper disinvested

30 Friday Nov 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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Disinvestment

As part of the government policy, NBCC and Hindustan copper Limited have been disinvested this year by 10% and 5.58% respectively. Government got Rs. 124.97 crore from the first and Rs.807.02 crore from the second, a total of Rs. 931.99 crore. This was stated by the finance Minister P.Chidambaram to a question in the Parliament.

This Government will disinvest and sell al the PSU, the assets of the nation, one after the other if the people are not vigilant.

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Tax Concessions of Rs. 5.22 lakh crores to the rich

12 Monday Nov 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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Subsidy to rich - NPA

In the neo-liberlisation policy being aggressively being implemented by the UPA-II Government, VVIP is not the aam admi, but the rich corporates and business houses. The central government has given a tax concession of Rs. 5.22 lakh crores to them towards tax concession. The subsidy given to the crores of poor in the country is far less than the tax concession to the rich. The NPA (Non Performing Assets – meaning loans not returned to the Banks, mainly PSU Banks) is  about 15% of the loans given, which is mainly the loans  taken by the corporates and the big business and not returned,

Of course it is well understood that this government stands for the rich and powerful and not or the poor and the marginalised. It can be said that it is a government by the rich for the rich.

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11th October – a grim reminder of the US – India Nuclear colloboration

10 Wednesday Oct 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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Nuclear Deal - anti-people policies

It is 4 years now after the Indian government made the Nuclear Agreement with the US, which almost saw the collapse of the UPA-I government.  The government could survive only due to money power and unethical political manovures. The Left parties which were supporting the government withdrew their support protesting against the dangerous treaty with US, which almost put India as a subordinate ally of the US. During the four years, we have seen many agreements between India and US on military purchases, military and navy exercises etc. which is gradually erasing the non-aligned status of the country which was nurtured by Pandit Jawaharlal Nehru and later. India’s oil purchase from Iran, which was very favourable to India is gradually eroding due to pressure from US. Economic reforms are introduced by the Manmohan Singh to suit the requirement of the MNCs and capitalist countries.

All these have happened and are happening continuously. The Nuclear Deal signed on 11th October has speeded up all these pro-MNC, Pro-US measures. The people and political parties are realising the grave situation and there are rumblings in all the opposition parties and even UPA- allies on all these.

The next two years are very important in the political life of India. It has to be seen whether the people will be able to unite and fight against the anti-people policies and defeat it.

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Scrap the ongoing reform process – CPI(M)

24 Monday Sep 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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Reforms - CPI(M)

Alleging that economic reforms initiated by Manmohan Singh during his stint as finance minister had “plunged the India economy in a severe crisis,” the CPI(M) today demanded scrapping of the ongoing reform process in the larger national interest.
“The reform measures kicked off by Prime Minister Singh in his earlier role as the finance minister has failed to bring about desired improvement in the economy which has instead plunged into deeper crisis,” CPI(M) politburo member S Ramchandra Pillai and central secretariat member Hannan Mollah told reporters.
Under the circumstances, the UPA government will be well advised to scrap the reforms process altogether in the larger national interest, they said.
The CPI(M) leaders claimed the Centre had allowed 51 per cent FDI in multi-brand retail, hiked diesel price and rationed subsidised LPG cylinders under pressure from the US and alleged the government was oblivious to the plight of the people who were already bearing brunt of price rise for the better part of the UPA rule.
There is no other way but to oppose and fight against these anti-worker policies.

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Don’t privatise Chennai, Kolkata Airports – Com.Tapan Sen M.P.

21 Friday Sep 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy, Uncategorized

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Airport -AAI -PPP

Com. Tapan Sen, M.P. and General secretary, CITU has demanded the government not to proceed with privatisation of the Chennai and Kolkata Airports. In a letter addressed to Shri Ajit singh, Minister for Civil Aviation, Com. Tapan Sen has pointed out that the modernisation of the Chennai and Kolkata Airports has already been started by the Airport Authority of India(AAI) and thousands of crore of rupees have already been spent. At this stage any PPP (Public-Private-Participation)programme has no meaning except to unduly benefit private companies. Both these airports are in profit and are running effectively. Further the Tripartitie Committee appointed by the government earlier has strongly recommended that the modernisation is to be done by AAI and not by any private participation.

Com.Tapan Sen, therefore, has demanded the Minister to drop the proposal for PPP in the modernisation of the Chennai and kolkata airports.

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Trinamool Congress quits UPA – A report from the Press

18 Tuesday Sep 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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Trinamool - UPA - Protest

Trinamool Congress, the second biggest constituent of the UPA, today dealt a major blow to the Manmohan Singh government when it decided to withdraw its support on the issue of petroleum price hike, FDI in retail and corruption.
“We are withdrawing our support. Our ministers will go to Delhi, meet the Prime Minister and tender their resignations at 3 PM on Friday,” TMC chief and West Bengal Chief Minister Mamata Banerjee announced after a meeting of party MPs, top leaders and office bearers. However, Banerjee added a caveat saying if the Centre rolls back the decision on FDI in multi-brand retail, raises the cap on supply of subsidised LPG to 12 cylinders and reduces diesel price hike from Rs.5 to Rs.3 or Rs.4, then the party would reconsider the decision to withdraw support.
She said the Central government was not not a one-party rule.  “The government depends on the support of others. But in Bengal, we have a majority of our own and we are not dependant on others,” she said.
Banerjee ruled out supporting the government from outside saying her decision was “not half-hearted”.
Widening the attack on Congress, she brought in issues like coal block allocation scam, black money and fertilizer price rise.
“The FDI decision was taken to suppress the coalgate issue,” the West Bengal Chief Minister said.
Accusing the Congress of indulging in “blackmail politics”, she said whenever it has trouble with any of its allies, it goes to the other.
“When it has problem with Mayawati, it goes to Mulayam.  When it has problems with Mulayam, it goes to Nitish (Kumar of JD-U) and it is like that,” Banerjee said.
Referring to the FDI decision, she said there are 50 million people in unorganised retail sector. “Where will these people go? There will be disaster. It has not been sustainable even in the West.” While accusing Congress of indulging in “blackmail” politics, the Trinamool chief said, “somebody has to bell the cat.”
She revealed that she had conveyed her opposition to FDI decisions directly to Congress President Sonia Gandhi but it did not work.
Banerjee also criticised Finance Minister P Chidambaram’s statement yesterday ruling out rollback on FDI.
She said after all these steps, the Congress would now allow even Pension Bill and vowed to oppose it tooth and nail in Parliament.
“If we don’t take a decision, they will even allow foreign players in pension sector. We can’t tolerate,” she said.
“We will not tolerate any anti-people decisions and we will oppose everything,” she said.
She said her party would not be responsible if the country was forced to go for a mid-term poll.
“This government can stay for three months or six months, I don’t know. They have lost the credibility. And if they cannot maintain friendship with us, then they cannot maintain friendship with anybody,” Banerjee said.
She also raked up the blackmoney issue, questioning why the government has not taken steps to bring it back (Courtsey: Ganashakti)

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Mamata leaves UPA government- Withdraw anti-people measures

18 Tuesday Sep 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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UPA Govt.- Mamata

Trinamul supremo Ms. Mamata Banerjee has announced her withdrawal of support to the UPA government at the centre and has announced that the Trinamool Ministers will resign on Friday. The decision is in protest against the 51% FDI in multi-brand retail, increase in diesel price, disinvestment of PSUs and also in the restriction on supply of LPG  to six cylinders in a year to a family.

The withdrawal of support has made the UPA a minority in the Parliament. But the Prime Minister has again stated that there will be no withdrawal of the above measures. The continuation of the government depends upon the parties which support it from outside.

The Congress party may ensure the UPA regime through any means like they have done last time when the Left withdrew its support on the nuclear deal by utilising money power and freebies to certain parties and individuals.

But the fact remains that most of the parties including in the UPA are opposing these anti-people measures. Most of them have either given call for protest action on 20th September or have decided to participate in the call for strike given by the non-Congress, non-BJP parties. BJP is also participating. According to the latest information, the strike and bandh will participated and supported by the majority of the people.

The UPA government should ponder and decided to roll back the anti-people measures. If not, it will have to face serious consequences. Is US pressure and support of MNCs and India Inc more priority for the government more than the interest of the nation and the people?

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No roll back of reforms, more reforms – Chidambaram

17 Monday Sep 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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Reforms - protest action

It is surprising! When the entire country, including those supporting UPA government, is opposing the anti-people decisions of the government on 51% FDI in multi-brand retail, hike in diesel prices, disinvestment of PSUs etc., the Finance Minister Chidambaram has not only justified the decisions, but has threatened of more reforms.

The UPA government is more interested in pleasing the US, MNCs, big business and media than attending to the concerns of the common people.

Let the people give a befitting reply to the audacity of the government.

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Walmart ready to enter India

17 Monday Sep 2012

Posted by VAN NAMBOODIRI in Neo-liberal policy

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Walmart - FDI in retail

Walmart Stores Inc, the largest retail MNC, is preparing to enter India in a large way. It has been pressurising Indian government to open up the multi-brand retail sector. Now that the government has decided to allow 51% FDI in the above sector, Walmart and other multinational retail chains are going to enter the country to maximise their profit.

It will be the people and the retail traders who are going to lose and suffer. The anti-people policy of the government has to be opposed and defeated.

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