The IBC process is yet another method devised to enable monopoly capitalists to legally loot workers and the public at large. The IBC will lead to further monopolization and concentration of wealth. Many jobs too will be lost as the acquiring capitalist will use the bad financial condition of the acquired company as the pretext to reduce number of workers and increase their workload.
Lured by the possibility of maximum profits in the rapidly growing aviation industry, the biggest private monopolies, Indian and foreign, are fighting each other to dominate this sector. Liquidating and privatizing Air India is part of this game.
The all India general strike has been called to resolutely oppose the course of enriching the capitalist minority by impoverishing the toiling majority. It has been called to assert the rights that belong to workers, peasants and other toiling people who create the wealth of India.
Parties of the capitalist class claim that there is no alternative to the program of globalisation,liberalisation and privatisation. The truth is that there 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.
The Report to the Fifth Congress of the Communist Ghadar Party of India, presented by Comrade Lal Singh, General Secretary of the CGPI, on behalf of its Central Committee, was discussed and adopted by the Fifth Congress of the CGPI, held in November 2016. By decision of the Fifth Congress, this report has been edited for publication.
The 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.
Unite around the program to reconstitute the Indian Republic and reorient the economy to ensure prosperity and protection for all!
There is growing realisation among workers, peasants and other self-employed people that the program of liberalisation and privatisation only serves to enrich an exploiting minority at their expense. Mass resistance is growing to this anti-worker, anti-peasant and anti-national program.