budget

Ritabrata Banerjee’s Speech in Rajya Sabha on Rail Budget

Rail is a public transport. Public transport must have public characteristics. Public transport cannot be sustained without budgetary allocation and support. That has been the world wide experience.  Paradigm shift from the fundamental conception of Indian railways being a public transport has taken place in this budget.  Looking at railways as essentially commercial entity is fundamentally wrong.

Punjab: March to Assembly

Four Left Parties of Punjab – CPI, CPI(M), CPM Punjab & CPI(ML) Liberation will hold  a massive march to assembly during the budget  session on 28th March, 2016 to  focus  the realization of 15 points agenda  programme for democratic development of Punjab. It was decided in a meeting of the State Coordination Committee of the Four Left Parties held here today at Chandigarh on January 11.

Kerala: Attack On Protesters

The UDF government unleashed unprecedented storm of violence inside and outside the Kerala Legislative Assembly, injuring hundreds of people including MLAs, in a shameful attempt to get the Budget for financial year 2015-2016 placed in the Assembly by tainted finance minister K M Mani. Throwing all legislative norms and decorum to the winds, K M Mani, who is accused of various corruption allegations, read out the first page of the Budget when the Speaker was not present on the dais. Mani was standing in the fourth row of treasury bench, guarded by UDF legislators and a large number watch and ward staff.

On Union Budget

The CPI(M) considers that the Union Budget 2012-2013 is a regressive budget which will result in pushing up prices and imposing greater burdens on the working people. The bias towards the corporates and the rich in this budget is seen from the fact that while the direct taxes being levied from the rich will result in a loss of 4500 crores rupees, that from indirect taxes, that is through the increase in across the board service and excise duties, is expected to yield a gain of 45,940 crores. While the CPI(M) welcomes taxes on luxury items, it strongly opposes the reliance on indirect taxes for revenue mobilization as this will lead to a cascading impact pushing up prices across the board.

Central Committee Communique

The Central Committee called upon the people of West Bengal and Kerala to ensure the victory of the Left Front and the Left Democratic Front. The Congress and its TMC and UDF allies should be defeated as they are responsible for the acute price rise, massive corruption and attacks on the livelihood of the people. The Left Front of West Bengal and the LDF government of Kerala have stood out for the implementation of pro-people policies and safeguarding the interests of the working people.

Callous Justification of Petrol Price Hike

 

The Prime Minister’s justification of the hike in indirect taxes on diesel and petrol in the Union Budget in terms of taking a “long-term view” reflects a flawed economic thinking and insensitivity to the sufferings of the people due to price rise. .....The CPI (M) rejects the Prime Minister’s callous defence of the fuel price hike and strongly reiterates its demand to withdraw the increase in customs and excise duties on diesel and petrol immediately.