PRAGOTI

The Central Committee of the CPI(M) in its meeting held on June 20 and 21 has adopted a review of the 15th Lok Sabha elections.

We present the full text of the review here.

Press statement of West Bengal State Committee which analyzes the electoral defeat of the Left in the state.

The CPI (M) calls upon the Indian people to vote for strengthening the Left and Democratic forces and for an alternative secular Government at the Centre.

Finally it is official. Satyam's Rs 7000 crore corporate accounting fraud has been acknowledged to be the biggest fraud in the history of India's big bourgeoisie. While Enron, an American corporate certainly outdid the who's who in corporate crime in India in recent years, there have been many contenders for the title in the last two decades. Global Trust Bank is still fresh in our memory. In this latest instance, Price Waterhouse Coopers is implicated along with Satyam.

Pragoti brings to its readers three articles by three very noted economists which separately and together establish the role of fraud and dirty money in the history of capitalism in general, and specifically in the context of neoliberalism in India.

While the reaction of the Manmohan Singh clique has been cautious and muted and the BJP has adopted a holier-than-thou posturing but carefully avoided pointing any fingers at the corporate sector, the CPI(M) has demanded that the perpetrators of this fraud be brought to book and called for the safeguarding of the interests of the employees. The CPI(M) statement is appended here.