03 April 2019

General elections have been declared and the ruling BJP has come up with the electioneering slogan of ‘Modi hai to mumkin hai’ (Modi makes it possible). However, recent revelations have only proved that the one thing Modi has made possible is disaster and destruction. While state-owned concerns like HAL and BSNL are finding it hard put to pay their employees, recent data emerging from RTI enquiries have shown that the Reserve Bank of India had serious reservations about demonetization but Modi went ahead with it nevertheless, destroying millions of livelihoods and unsettling the entire economy in the process. Former RBI Governor Urjit Patel-led Central Board, which was asked to consider the Centre’s demonetisation proposal, had met less than two-and-a-half hours before the announcement of note ban on November 8, 2016. PM Modi went ahead with the decision even before the RBI’s board approved of it. The approval was sent to the government on December 16, a full 38 days after the Rs 500 and Rs 1000 notes stopped being legal tender, and RBI had in fact disagreed with most of the Govt.’s arguments in favour of the ban. The demonetization drive now appears to be a scam of mammoth proportions and it is likely that more such proof will surface in the near future.

India under Modi has the highest unemployment rate in 45 years. Meanwhile, Nirav Modi who with his family members cheated the taxpayer of Rs 13,000 crores of money in the Punjab National Bank Scam has been spotted (and photographed) jauntily strutting on London streets, with the Modi government making not even any pretence of getting him back. In fact, the Indian government has ignored British offers of help to facilitate action against Nirav Modi. Evidently, in its 5 years in office the Modi government has not only trained its gun on minorities and people from historically disadvantaged and marginalised groups, dividing society along caste and communal lines, it has also used communal politics to turn public attention away from the giant jumla of defrauding citizens of crores of rupees of taxpayers’ money. n

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Kabeer Katlat

The Communist movement in India has a history of almost a century after the salvos of October Revolution in Russia brought Marxism-Leninism to the people of India who were engaged in the national liberation struggle against the British colonialists. It is a complex and chequered history.