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Punjab CPI (M) opposes Centre`s pre-conditions on Punjab`s loan

Last Updated: Friday, October 8, 2010 - 14:04

Chandigarh: Punjab unit of CPI (M) on Friday
opposed the pre-conditions set forth by the Centre for loan
waiver recently dubbing it as a `move against federalism` and
a `carrot and stick attempt` of the UPA Government.

"It (pre-conditions) is an attempt for imposing
neo-liberal economic ideology which is pauperising the
majority of the people," Punjab CPI (M) secretary Charan Singh
Virdi said.

The Centre had set some pre-conditions which included
central auditing of local bodies, shutdown of loss making PSUs
and withdrawal of subsidy to certain sectors including farm.

Reacting to the conditions, Virdi said that Punjab
government should not succumb to the Centre`s pressure and
lodge a protest against these "nefarious anti-people and
anti-Punjab moves".

Lashing out at Punjab Finance Minister Manpreet Singh
Badal, who is already under fire within ruling Shiromani Akali
Dal (SAD) for allegedly following anti-people policies, he
said that Manpreet was bent upon harming the interests of

Stressing that subsidies should continue to the
agriculture sector, Virdi said that user charges for water,
sewerage and transport should not be enhanced.

Virdi demanded that the Centre should waive off the loan
of Punjab taken to fight militancy.

He also asked the Parkash Singh Badal government to
mobilise resources by imposing taxes upon rich and by
collecting tax arrears against the wealthy class.


First Published: Friday, October 8, 2010 - 14:04
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