An International Partnership for Cashless Payments

The Note Ban announced by Prime Minister Modi on 8th November is part of a global strategy to make people pay for the banking crisis caused by big corporate defaulters in several countries. This strategy is clearly reflected in a recent Report from Global Research. The Report traces the collaboration between the Indian and US states in the matter of financial management of the economy.

On October 14, 2016, the United States Agency for International Development (USAID) announced a new multi-stakeholder partnership with the Indian Ministry of Finance called “Catalyst: Inclusive Cashless Payment Partnership”. The press statement of 14th October says that Catalyst “marks the next phase of partnership between USAID and Ministry of Finance to facilitate universal financial inclusion”. The origin of this partnership goes back two years prior to this. According to a report of the Indian business paper, the Economic Times, USAID has committed to finance Catalyst for three years. Amounts are kept secret. Catalyst is mandated to assist solve coordination problems that have blocked the penetration of digital payments among small businesses low-income consumers. These problems were discussed in a USAID commissioned Report presented in January 2016. This Report had been commissioned in the context of the anti-cash partnership with the Indian Ministry of Finance.

The website of one reflects that its members are mostly big international and Indian financial institutions and banks, international donor agencies, IT- and payment service providers who want to make money from digital payments or from the associated data generation on users. Membership includes HDFC Bank, ICICI Bank, the Gates Foundation (Microsoft), Omidyar Network (eBay), the Dell Foundation Mastercard, Visa, Metlife Foundation, and has links with Indian e-commerce companies. The Catalyst partnership is an extension of the Better-Than-Cash-Alliance which was created in 2012 to reduce cash transactions around the world. The alliance is backed by Indian and Asian businesses with a strong investment in reducing cash transactions and expanding the digital transaction market. The Catalyst team will be located at the Institute for Financial Management and Research (IFMR) and supported by USAID’s Mobile Solutions Technical Assistance and Research (mSTAR) program.


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Jan 16-31 2017    Political-Economy    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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