I am writing to thank you for carrying the informative article entitled 'A year since the Note Ban, who has gained?' in the November 1-15, 2017 issue of MEL. Such an article goes a long way towards educating the working class on the true intent and objective of the devastating note ban that was done in November 2016 by the Narendra Modi Government.
A militant demonstration and rally was organized in New Delhi on November 8, 2017, exactly a year after demonetisation was brutally imposed on our people by the BJP led central government. The demonstration was organized by the seven communist parties – Communist Ghadar Party of India, Communist Party of India, Communist Party of India (Marxist), Communist Party of India (Marxist-Leninist) Liberation, Socialist Unity Centre of India – Communist, All India Forward Bloc and Revolutionary Socialist Party.
The devastating effects of the sudden banning of 500 and 1000 rupee notes, announced by Prime Minister Modi one year back on November 8, 2016, are still being felt by the people of the country, though people were asked to suffer “temporary pain” only in exchange for “long-term gain”. In a country where the majority of people relied heavily on cash, the withdrawal of 86% of the currency in circulation caused havoc in the lives of workers, peasants, small and medium size producers and traders.
Modi-led government has continued to justify demonetisation and refute even bourgeois economists’ assertion that it has hurt the economic growth. It has refused to accept that crores of workers lost their livelihood for months and lakhs of small and medium sized enterprises were forced to shut-down in the absence of cash post-demonetisation.
Participants in a Round Table Conference on the theme "Is Demonetisation in the National Interest?" were of the firm view that the Note Ban is thoroughly anti-worker, anti peasant, anti-social and anti-national.
The conference was organised by the Delhi Council of Lok Raj Sangathan on 15th February, 2017. Ms Sucharita conducted the proceedings of the Conference.
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.
100 years ago Ghadar Party was formed by Indians in the US.It was historic milestone in our anti-colonial struggle.
The goal of this party was to organise a revolution to liberate our motherland from British servitude and establish a free and independent India with equal rights for all. It believed this to be the necessary condition for our people to hold their heads high anywhere in the world.
Call of the Central Committee of Communist Ghadar Party of India, 30th August, 2012
Working class representatives from all over the country are gathering on 4th September, at a time when a titanic struggle is going on in our country. The struggle is between the majority of toiling and exploited people and a minority of exploiters. It is between the majority whose labour expands wealth and the minority who enjoy the fruits of wealth creation on the basis of their private property and positions of power.