THE HIMALAYAN TALK: INDIAN GOVERNMENT FOOD SECURITY PROGRAM RISKIER

http://youtu.be/NrcmNEjaN8c The government of India has announced food security program ahead of elections in 2014. We discussed the issue with Palash Biswas in Kolkata today. http://youtu.be/NrcmNEjaN8c Ahead of Elections, India's Cabinet Approves Food Security Program ______________________________________________________ By JIM YARDLEY http://india.blogs.nytimes.com/2013/07/04/indias-cabinet-passes-food-security-law/

THE HIMALAYAN TALK: PALASH BISWAS CRITICAL OF BAMCEF LEADERSHIP

[Palash Biswas, one of the BAMCEF leaders and editors for Indian Express spoke to us from Kolkata today and criticized BAMCEF leadership in New Delhi, which according to him, is messing up with Nepalese indigenous peoples also. He also flayed MP Jay Narayan Prasad Nishad, who recently offered a Puja in his New Delhi home for Narendra Modi's victory in 2014.]

THE HIMALAYAN DISASTER: TRANSNATIONAL DISASTER MANAGEMENT MECHANISM A MUST

We talked with Palash Biswas, an editor for Indian Express in Kolkata today also. He urged that there must a transnational disaster management mechanism to avert such scale disaster in the Himalayas. http://youtu.be/7IzWUpRECJM

THE HIMALAYAN TALK: PALASH BISWAS LASHES OUT KATHMANDU INT'L 'MULVASI' CONFERENCE

अहिले भर्खर कोलकता भारतमा हामीले पलाश विश्वाससंग काठमाडौँमा आज भै रहेको अन्तर्राष्ट्रिय मूलवासी सम्मेलनको बारेमा कुराकानी गर्यौ । उहाले भन्नु भयो सो सम्मेलन 'नेपालको आदिवासी जनजातिहरुको आन्दोलनलाई कम्जोर बनाउने षडयन्त्र हो।' http://youtu.be/j8GXlmSBbbk

THE HIMALAYAN TALK: PALASH BISWAS LASHES OUT KATHMANDU INT'L 'MULVASI' CONFERENCE

अहिले भर्खर कोलकता भारतमा हामीले पलाश विश्वाससंग काठमाडौँमा आज भै रहेको अन्तर्राष्ट्रिय मूलवासी सम्मेलनको बारेमा कुराकानी गर्यौ । उहाले भन्नु भयो सो सम्मेलन 'नेपालको आदिवासी जनजातिहरुको आन्दोलनलाई कम्जोर बनाउने षडयन्त्र हो।' http://youtu.be/j8GXlmSBbbk

THE HIMALAYAN TALK: PALASH BISWAS BLASTS INDIANS THAT CLAIM BUDDHA WAS BORN IN INDIA

THE HIMALAYAN VOICE: PALASH BISWAS DISCUSSES RAM MANDIR

Published on 10 Apr 2013 Palash Biswas spoke to us from Kolkota and shared his views on Visho Hindu Parashid's programme from tomorrow ( April 11, 2013) to build Ram Mandir in disputed Ayodhya. http://www.youtube.com/watch?v=77cZuBunAGk

THE HIMALAYAN TALK: PALSH BISWAS FLAYS SOUTH ASIAN GOVERNM

Palash Biswas, lashed out those 1% people in the government in New Delhi for failure of delivery and creating hosts of problems everywhere in South Asia. http://youtu.be/lD2_V7CB2Is

Palash Biswas on BAMCEF UNIFICATION!

THE HIMALAYAN TALK: PALASH BISWAS ON NEPALI SENTIMENT, GORKHALAND, KUMAON AND GARHWAL ETC.and BAMCEF UNIFICATION! Published on Mar 19, 2013 The Himalayan Voice Cambridge, Massachusetts United States of America

BAMCEF UNIFICATION CONFERENCE 7

Published on 10 Mar 2013 ALL INDIA BAMCEF UNIFICATION CONFERENCE HELD AT Dr.B. R. AMBEDKAR BHAVAN,DADAR,MUMBAI ON 2ND AND 3RD MARCH 2013. Mr.PALASH BISWAS (JOURNALIST -KOLKATA) DELIVERING HER SPEECH. http://www.youtube.com/watch?v=oLL-n6MrcoM http://youtu.be/oLL-n6MrcoM

Imminent Massive earthquake in the Himalayas

THE HIMALAYAN TALK: PALASH BISWAS CRITICIZES GOVT FOR WORLD`S BIGGEST BLACK OUT

THE HIMALAYAN TALK: PALASH BISWAS CRITICIZES GOVT FOR WORLD`S BIGGEST BLACK OUT

THE HIMALAYAN TALK: PALASH BISWAS TALKS AGAINST CASTEIST HEGEMONY IN SOUTH ASIA

Palash Biswas on Citizenship Amendment Act

Mr. PALASH BISWAS DELIVERING SPEECH AT BAMCEF PROGRAM AT NAGPUR ON 17 & 18 SEPTEMBER 2003 Sub:- CITIZENSHIP AMENDMENT ACT 2003 http://youtu.be/zGDfsLzxTXo

Welcome

Website counter
website hit counter
website hit counters

Tweet Please

Palash Biswas On Unique Identity No1.mpg

Saturday, November 19, 2011

Perfidious Designs of UPA 2 Govt

  People's Democracy

(Weekly Organ of the Communist Party of India (Marxist)


Vol. XXXV

No. 47

November 20, 2011

Editorial

 

Perfidious Designs of UPA 2 Govt

 

 

THE fact that the government had decided to reduce the price of petrol by around Rs 2 per litre on the eve of the winter session of parliament sends out a seemingly positive signal that this decision was taken in order to brace itself from facing the onslaught of the opposition and may be some of its own (apart from hypocritical Trinamul Congress) allies in the UPA.  While this may mercifully appear as the government being sensitive to its constitutional obligation of being  accountable to the parliament, it masks a more perfidious design. 

 

The perfidy lies in the UPA-2 government's loyal adherence to a Machiavellian dictum: `first show the people the worst that you are capable of and then proceed to dilute it.  The people shall then heave a sigh of relief'. 

 

This government is, of course, capable of even worse.  But the perfidy lies in its justification for the reduction in the price.  The government has argued that since the international price of crude oil has fallen, therefore, it has reduced the price of petrol.  If anything, the price of crude oil at the international benchmark, Brent, was on November 4, 2011, when the price was hiked, $ 112.22 a barrel.  As we go to press, on November 16, 2011, this price stood at $ 115.61.  If these are the facts and if such is the logic of the government, then the prices of petroleum products should have constantly declined rather than being increased.  Further, the rupee per dollar has become more expensive rising from around 47 to close to 52 during the last month.  This makes the rupee value of petroleum products more expensive!

 

The hike in the rates of petroleum products in India have, in fact, very little to do with the fluctuations in the international market.  In January 2011, when the price of petrol was increased by Rs 2.5/litre, the cost per barrel was close to $99.  In May when the price was hiked by Rs 5/litre, the cost fluctuated between $ 110 and 115. Keeping aside the 0.33 paise/litre hike in July, the September hike of Rs. 3.14/litre took place when the cost fluctuated between $ 105 and 108 per barrel. 

 

Clearly, these hikes have been affected, as argued in this column last week, primarily to mobilise additional revenue for the government exchequer in preparation for the coming annual budget whose primacy appears to be to contain the fiscal deficit.  As argued last week, the entire fiscal deficit can be wiped out if the enormous tax concessions for the corporates and the rich are withdrawn.  This UPA-2 government is using the petroleum sector as its `milch cow' for its revenues at the expense of the people. In the process, it is unleashing a cascading impact on inflation.

 

This winter session of parliament will be a turbulent one. Apart from the issue of price rise, this session shall also see many a battle on the issue of corruption.  The Left parties shall focus on the unprecedented extra burdens being imposed on the people through this relentless continuous rise in prices of all essential commodities. 

 

Despite all claims of controlling price rise, food inflation is now around 12 per cent. Vegetables are costlier by 26 per cent, pulses by 14 per cent, fruits by 12 per cent, eggs, fish and meat by 13 per cent and milk by 12 per cent. In other words, the daily life existence of the aam admi  continues to come under severe assaults.   

 

On the issue of corruption in high places, the parliamentary standing committee is examining the bill on the Lokpal and Lokayuktas. While we shall have to wait for its recommendations, some of these brazen instances of humongous corruption continue to remain under investigation by various authorities including those under the supervision of the apex court.  The parliamentary public accounts committee and the joint parliamentary committee are examining the 2G spectrum scam. 

 

Even the ineffective measures undertaken by the government in the name of controlling inflation, like the monetary policies of increasing interest rates, are coming under attack by India Inc as measures that are dampening the investment climate in the country. They seek cheaper and more ready access to funds.  However, little of such available funds have gone into productive investments precisely because the purchasing power amongst the people is sharply declining, lowering the levels of domestic demand.  Most of these funds have, instead, gone into speculative trading which, on the one hand, pushes up the prices of commodities and, on the other, maximises profit.  Or, such funds have gone as the flight of capital to be tucked away in safe tax havens abroad, or, in accumulating gold and other valuables.  India Inc wants more such funds to maximise their profits through speculation rather than allow such funds to be spent through public investments to build our much-needed infrastructure and generate jobs in the economy enlarging the purchasing power of the people. 

 

Their cries for further financial reforms found an echo in the decision of the union cabinet, as we go to press, to permit, for the first time, a 26 per cent foreign direct investment in the pension sector.  If approved by parliament, this will give international finance capital (IFC) access to roughly $ 12 billion of assets today that are in the pension fund.  The expectations of India as an `emerging economy' further raises the predatory aspirations of IFC to reap super speculative profits from India. 

 

UPA-1 had introduced the Pension Fund Regulatory and Development Authority Bill in 2005. Due to the opposition by the Left parties whose support was crucial for the survival of that government, this never saw the light of the day.  Along with this, the Left's refusal stopped liberal financial reforms in the banking and the insurance sectors.  It is precisely because of this role played by the Left that India remained relatively protected from the devastating impact of the global financial meltdown in 2008.  If India today prides itself for having braced the global economic slowdown and recessionary conditions, so far, it is primarily because of this role of the Left parties during the UPA-1.

 

Under pressure from the IFC and India Inc, the UPA-2 government may well get the pension funds legislation passed through the parliament with the able and vocal support of the BJP.  Crores of employees who remained relatively protected so far from the global financial turbulence will now be exposed to such vulnerability adversely impacting their livelihood status. The Left is committed to strongly oppose such reforms for financial liberalisation in the interests of Indian people and the fundamentals of our economy. 

 

This coming winter session of the parliament will, therefore, be a stormy one where the Left parties will raise and fight to protect the interests of the people.  This, however, can only be effective when it is combined with the strength of the popular protests and struggles outside.  The Left parties are committed to strengthening such struggles in the days to come. 

(November 16, 2011)


http://pd.cpim.org/

Weekly Organ of the Communist Party of India (Marxist)

Vol. XXXIV

No. 47

November 20,  2011

This Week

Every WeekEarlier  Weeks

    Editorial
    CC Meeting
    Current Issues
    Economic Notes
    Working Class Issues
    Agrarian Issues
    Gender Issues
    Youth Affairs
    Tamilnadu
    West Bengal
    Kerala
    Jammu & Kashmir
    Tripura
    Punjab
    Int'l




     
    ______________________________________________


       

      email1.gif (5864                   bytes)

      Editorial Desk :
      pd.cpim@gmail.com

      Managerial office:pdpbln@gmail.com

       

      2011
      November 13
      November 06
      October 30
      October 23
      October 16
      October 09
      October 02
      September 25
      September 18
      September 11
      September 04 
      August 28
      August 21
      August 14
      August 07
      July 31
      July 24
      July 17
      July 10
      July 03
      June 26
      June 19
      June 12
      June 05
      May 29
      May 22
      May 15
      May 08
      May 01
      April 24
      April 17
      April 10
      April 03
      March 27
      March 20
      March 13
      March 06
      February 27
      February 20
      February 13
      February 06
      January 30
      January 23
      January 16
      January 09
      January 02


      2010
      December 26
      December 19
      December 12
      December 05
      November 28
      November 21
      November 14
      November 07
      October 31
      October 24
      October 17
      October 10
      October 03
      September 26
      September 19
      September 12
      September 05
      August 29
      August 22
      August 15
      August 08
      August 01
      July 25
      July 18
      July 11
      July 04
      June 27
      June 20
      June 13
      June 06
      May 30
      May 23
      May 16
      May 09
      May 02
      April 25
      April 18
      April 11
      April 04
      March 28
      March 21
      March 14
      March 07
      February 28
      February 21
      February 14
      February 07
      January 31
      January 24
      January 17
      January 10
      January 03

      2009

      December 27
      December 20
      December 13
      December 06
      November 29
      November 22
      November 15
      November 08
      November 01
      October 25
      October 18
      October 11
      October 04
      September 27
      September 20
      September 13
      September 06
      August 30
      August 23
      August 16
      August 09
      August 02
      July 26
      July 19
      July 12
      July 05
      June 28
      June 21
      June 14
      June 07
      May 31
      May 24
      May 17
      May 10
      May 03
      April 26
      April 19
      April 12
      April  05
      March 29
      March 22
      March 15
      March 08
      March 01
      February 22
      February 15
      February 08
      February 01
      January 25
      January 18
      January 11
      2008
      December 21
      December 14
      December 07
      November 30
      November 23
      November 16
      November 09
      November 02
      October 26
      October 19
      October 12
      October 05
      September 28
      September 21
      September 14
      August 31
      August 24
      August 17
      August 10
      August 03
      July 27
      July 20
      July 13
      July 06
      June 29
      June 22
      June 15
      June 08
      June 01
      May 25
      May 18
      May 11
      May 04
      April 27
      April 20
      April 13
      March 23
      March 16
      March 9
      March 2
      February 24
      February 17
      February 10
      February 04
      January 27
      January 20
      January 13
      January 6
      2007
      December 30
      December 23
      December 16
      December 09
      December 02
      November 25
      November 18
      November 11
      November 04
      October 28
      October 21
      October 14
      October 07
      September 30
      September 23
      September 16
      September 09
      September 02
      August 26
      August 19
      August 12
      August 05
      July 29
      July 22
      July 15
      July 08
      July 01
      June 24
      June 17
      June 10
      June 03
      May 27
      May 20
      May 13
      May 06
      April 29
      April 22
      April 15
      April 08
      April 01
      March 25
      March 18
      March 11
      March 04
      February 25
      February 18
      February 11
      February 04
      January 28
      January 21
      January 14

      January 07

      December 31

      2006
      2005
      2004
      2003
      2002

       2001

        

        

       
       
       
       
       
       

      No comments:

      Related Posts Plugin for WordPress, Blogger...