Successive BJP-led or Congress-led central governments have diluted the role of the government and handed over a very large part of the economic resources to private companies – either Indian or foreign. If BJP loses, Congress will come to power and if Congress loses the power, BJP will come back, without any end to the ever-increasing prices of essential commodities, vegetables, medicines, education costs, transportation costs etc. The BJP leaders’ faces do not reflect the agony of the common people over the all round price rise but betray a fiendish pleasure.
The UPA government in its Common Minimum Programme has committed itself to strengthen the PDS. However, none of the steps that were implemented to align India's food economy with the global system dominated by speculators and MNCs were reversed. The Food Minister has taken refuge behind the argument that the present skyrocketing of the food prices in the country is induced by the global situation. This is not borne out by the facts. To the insistence of the Left parties over the last few years that the key to food security is the PDS and public stock, the government's response was non-challant.
Leaders of the Left Parties, Prakash Karat, A.B. Bardhan, Sitaram Yechury, D. Raja, Debabrata Biswas and Abani Roy met the Prime Minister on April 25, 2008 and submitted a memorandum listing measures that the government should take to curb price rise (see below). After the meeting the PMO issued a Statement (see below). This is a Rejoinder to the PM's Statement.
It’s long past time we re-claim a rational economic and agriculture policy in this country and globally, before it’s too late. The unregulated free market has proven itself the gambling addict that it is—incapable of self control. We saw it in the sub-prime mortgage crisis and we’re seeing it in the current food crisis. Now global leaders have a choice: they can either regulate, or leave the fate of our economic and food systems to the next roll of the dice.
A Real News Video that establishes that the World Bank is responsible for the food riots in Haiti.