Budget 2014-15: “Mandate for Change” Vs. Agenda of the India INC.


I thank the MEL for presenting the analysis of budget in a simple language and demystifying its intent and purpose. While the India Inc (as they would like to call themselves) have unanimously hailed the budget, the working class and people have been left confused by the rhetoric of “change”. This rhetoric falls flat as one looks at the intent and the actual figures, which has been elaborated in a simple language, demystifying the process and approach of budget making.

Immediately after the budget was presented Mr. Chidambaram, the Finance Minister in the Congress led UPA government who presented the 2013-14 budget made an interesting statement. He said that “BJP is claiming of making a “Congress Mukt Bharat”, when they cannot even make a “Congress Mukt Budget”. But that is not great revelation. The fact is that these parties and their agenda cannot be very different. They serve the same masters – the big bourgeoisie, and it is these masters who set their agenda.

In the run up to the general election, both these parties were called by various association and chambers of industrial houses like CII, FICCI, ASSOCHAM, etc, and made to commit themselves to the agenda set by India Inc. The budget is reflection of that commitment. Through the budget exercise interest of these industrial and business houses have been preserved and expanded.

The claim that the budget is based on “mandate for change” falls flat as one looks at the planned expenditure on social sector. Far from increasing according to growing needs of the society for better health, education, and so on, it has dropped by 0.4%. This drop is further accentuated to 10.4% if one corrects the figure for inflation. The situation is worse if one sees per capita expenditure, since the population has increased over the year. It just shows who interests are considered primary when the budget is made.

As has been elaborated in the article the very approach to budget making is faulty. It gives primacy to the concerns of the international capital to keep budget deficit under control, to make India attractive to foreign capital, while people are deprived of even basic necessities. As has been the trend more is being extracted from working class and people in the form of various taxes.

Vivek Kumar


Share Everywhere

Mandate for Change    Mr. Chidambaram    Budget 2014-15    Aug 16-31 2014    Letters to Editor    Economy     Privatisation    Rights    

पार्टी के दस्तावेज

8 Jan General Strike

Call of the Mazdoor Ekta Committee

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.

Hum Hain Iske Malik! Hindostan Humara!

Election manifesto of a CGPI supported candidate for Lok SabhaParties 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.

(Click thumbnail to download PDF)

5th Congress DocumentThe 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.

(Click thumbnail to download 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!

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.

(Click thumbnail to download PDF)