Bankruptcy Code

The Insolvency and Bankruptcy Code has legalized the loot of public money

It’s three years since the Parliament passed the Insolvency and Bankruptcy Code (IBC). It was called the biggest economic ‘reform’ of the NDA government. It boosted India’s rankings in the World Bank’s ease of doing business. It was claimed that it will help to solve the problem of NPAs faced by Indian banks and recover outstanding loans. The experience of the last 30 months, since the first case was filed under the new law, shows that the IBC has legalized the loot of public money with banks. The write-off of big amounts of NPAs by banks is now carried out under the order of a court.

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PARTY DOCUMENTS

Let us advance the struggle for the Navnirman of India!

Election manifesto of a CGPI supported candidate for Lok Sabha

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.

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

Report to the Fifth Congress of the Communist Ghadar Party 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.

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On the Note Ban: Real Aims and False Claims

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.

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These Elections are a Farce

Interview 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 2014: 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. However, the working class is being prevented from realizing its potential as the leader of all the exploited, and as the grave-digger of capitalism, by those in the communist movement who are spreading harmful illusions and compromising the class struggle.