The article 'On the Note Ban: Real Aims and False Claims', in the Jan. 1-15, 2017 issue of MEL was excellent. I am very happy to note that the same has been brought out as a separate publication.

Starting with the ground reality that what prevails in the country is the dictatorship of the bourgeoisie, and that the Indian state is the state of the big bourgeoisie, the industrialist class and its fountainhead, namely the big business houses, and that all the organs of the state are those of the big bourgeoisie, what this article presents is the analysis of what is probably one of the most cataclysmical events in the recent history of India, which is that of the `note ban' or `demonetization' of 500 and 1000 rupee notes, by the BJP led Government in early November 2016.

The articles begins by noting that the events have led to devastating economic impact, with the laying off of thousands and lakhs of workers, devastation of the peasantry who were unable to buy seeds for the rabi sowing season, and the shrinkage of wholesale as well as retail trade, and the collapse of several sectors of the service industry. On the other hand, it has spelt a huge opportunity for the big bourgeoisie, which suddenly finds itself in the position to obtain cheap credit as the banks are flush with funds, as evidenced by the praise that has been heaped on the Government for its decision.

The article organizes itself scientifically into three parts, which are the spelling out of the Real Aims, the False Claims and finally the part entitled Towards the Real Solution.

The Real Aim, irrespective of the cost to the common man, which is pain and suffering, is to transform the Indian Economy into a cashless one, so that so-called `eco-systems' that flourished on cash into which the big bourgeoisie could not penetrate, could be destroyed. Now all sectors of the economy would have to face full exposure to the savage and rapacious hunger of the big bourgeoisie, as well as its international partners, evidenced by the enthusiasm of the Anglo-American imperialists as well as their NGO penumbra all of who are great enthusiasts for a digital economy. The big bourgeoisie would now be able to target markets as it would know exactly what are the tastes of the population at large, and become privy to every transaction and then leverage and springboard all the knowledge to its own advantage. The availability now of large amounts of cash would render the banks to overcome their own crises, and also allow a great deal of banking sector reform which has been on the agenda of the bourgeoisie now for a long time, and which has faced a lot of resistance from brave bank workers unions and others.  This is yet another way of shifting the back breaking burden of bad loans and non-performing assets to the people, by shrinking the rates of interest on savings, and carry out a wholesale robbery of the people.

The False Claims of the government in general are so laughable, except that it is not all that funny. The claims of reducing inequality of wealth through this kind of a stroke of a pen is impossible, and when it is the very class that creates inequalities and benefits and widens the gap, there is so little credibility to the claim that it is almost not worth rebutting. The absurd humbug that it is corruption that prevents the trickle down, and something that the BJP has been using against Congress, also is not worth responding to, since everyone knows that BJP and Congress are essentially one and the same, and represent two different faces of the parties and policies of the big bourgeoisie. That the availability of cashless economy will lead to cutting down of corruption is equally laughable since corruption has nothing to do with hoarding large amount of cash. It has to do with the abuse of power and privilege for personal gain, and the use of public office to meet these ends. How a cashless sector will lead to the elimination of corruption is so lacking in substance that it also merits no response. The final claim that banning notes will combat terrorism is also laughable since it is now universally accepted that terrorism is something sponsored by imperialism and the reactionary bourgeoisie to divert attention from their own crises and also to create conditions of breaking out of an impasse that arises from time to time. Thus, it is not as if those that state these are not aware that these are False Claims. It is just that speaking the falsehood is part and parcel of the modus operandi of the bourgeoisie in order to carry out their reactionary rule.

The Real Solution then arises in the crucible of the contradictions between the bourgeoisie and the working class. It must be realized that all the activities of the State and the financial institutions including the RBI are all in service of the bourgeoisie. By studying how this works, in the contradictions the new solution would have to take birth. In a modern society, as the yearning for socialism and the just demand for the socialist distribution of the fruits of labour and of the genius of mankind grows and as the CGPI participates in the just struggles of the working class and gives theoretical insights and leadership, the solutions will emerge. A failure to work towards these goals will continue to lead to disasters for the working class and the broad masses.

It is important that at this stage the preparation for revolution should continue and prevent the recurrence of such tragedies. In carrying out the class struggle and in sharpening theoretical tools and in waiting for the right moment to strike, we find ourselves on the right side of history. I would like to join the call `Let us wage the struggle with the perspective of the revolution which will sweep away all forms of exploitation, oppression, corruption, discrimination and violation of human dignity and rights!.


Suresh, Ghaziabad


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Feb 1-15 2017    Letters to Editor    2017   


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.

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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.

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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.

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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

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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.

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