Banking

Bank Workers in 5 Associate banks of SBI go on strike on May 20th 2016

On May 17th 2016, the Boards of 5 Associate Banks of State Bank of India (SBI) i.e. State Bank of Travancore (SBT), State Bank of Mysore (SBM), State Bank of Hyderabad (SBH), State Bank of Bikaner and Jaipur (SBBJ) and State Bank of Patiala (SBP) met urgently in Mumbai, at State Bank of India Head Quarters from 1100 hrs  to 1400 hrs. The meeting was called with three days advance notice but without disclosing the agenda. At this meeting, one by one each of the Boards passed resolutions closing down their respective banks without giving any reason for the same! The meeting was attended by Bank Directors, Government nominated Directors, representatives of Reserve Bank of India, independent Directors as well as one workman director from each bank. Only the workman Director from each bank protested this sudden and totally unilateral resolution. However the resolutions were passed with the rest of the  directors agreeing to it except for a few independent directors and the workmen directors.

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No justification for waiving off bank loans of capitalist defaulters!

The hidden agenda is to wreck public sector banks so as to accelerate privatisation!

Ever since Finance Minister Jaitley announced an allocation of Rs. 2500 crore for the “recapitalisation” of banks in his budget speech on 29th February, the issue of capitalist loan defaulters has caught the public attention. What is the real content of this “recapitalisation”?

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Full support to the all-India strike by bank employees!

Demand to halt privatisation and to reorient banking is entirely just!

Statement of the Central Committee of Communist Ghadar Party of India, 23 Sept 2008

On September 24 and 25, nearly 10 lakh bank employees including officers, will participate in a country-wide bank strike, demanding an immediate halt to privatisation and to merger of state owned banks in the name

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PARTY DOCUMENTS

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Parties of the capitalist class claim that there is no
alternative to the program of globalisation,liberalisation
and privatisation. The truth is thatthere IS an alternative.

The alternative is to reorient the economy to fulfil people’s
needs instead of fulfilling capitalist greed. This is the
program for the Navnirman of India.

Click on the thumbnail of the election manifesto of a CGPI
supported candidate for Lok Sabha to download the PDF.

 

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This document, What Kind of Party?, was presented by
Comrade Lal Singh on behalf of the Central Committee
of the Communist Ghadar Party of India to the Second
National Consultative Conference held December 29-30, 1993.

Click on the cover image to download the PDF

 

Click to Download PDFThe first part of this pamphlet is an analysis of facts and phenomena to identify and expose the real aims behind the Note Ban. The second part is devoted to a critical appraisal of the government’s claims that it will reduce inequality, corruption and terrorism. The third part is what Communist Ghadar Party believes is the real solution to these problems and the immediate program of action towards that solution.

(Click thumbnail to download PDF)

These Elections are a FarceInterview with Comrade Lal Singh, General Secretary of Communist Ghadar Party of India by Comrade Chandra Bhan, Editor of Mazdoor Ekta Lehar

(Click thumbnail to download PDF)

Manifesto 2014Unite around the program to reconstitute the Indian Republic and reorient the economy to ensure prosperity and protection for all!

(Click thumbnail to download PDF)

Click to Download PDFInterview with Comrade Lal Singh, General Secretary of Communist Ghadar Party of India

by Comrade Chandra Bhan, Editor of Mazdoor Ekta Lehar

(Click thumbnail to download PDF)