Bardhan alleged that the economic policies of the Vajpayee government had heaped more and more miseries on the common man. He lambasted pushing through the decisions on public sector undertakings which amounted to surrendering before international financial institutions and trans-national corporations of the United States. He said the effort was to register a people's protest. On the farm front also, he blamed the BJP government for having failed to take action by way of compensating the farmers for the crop loss. He did not spare even the Congress, which he said, was acting in collusion with the BJP on certain issues, especially with reference to insurance regulatory authority and the patent legislation. On the evolving third front under the situation, he made it clear it had to be based on common issues and against communalism but the CPI would not be in a haste as the country was witnessing alignment and realignment of political forces.

The forces which were opposed to communalism of the BJP and the anti-people policies of the Congress could provide the third alternative. There was no decision so far as to which was to be included or excluded, he said with reference to the RLM. There would have to be a broad agreement on policies.

He said the BJP and the Congress were also colluding on another issue and it was evolving a two-party system in which the third alternative would not matter. "We are opposed to it," he said. The two party-system would have BJP and its allies on one side, with the Congress and its allies on the other.