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PM's olive branch to Left hits Karat wall

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  • Prakash karat
    CPM top boss Prakash Karat said that Left and Cong were ideologically poles apart.
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    Prime Minister Manmohan Singh’s overtures to the Left have hit the Karat wall.

    Days after the Prime Minister’s statement that he hoped to find ways and means to work with the Left even though he disagreed with them on economic issues, CPI(M) top boss Prakash Karat on Thursday spelt it out clearly that both the sides were ideologically poles apart.

    Karat’s arguments, peppered with sarcasm and ridicule, were also precisely on economic issues. Without mincing words, the hardline Marxist said Singh and his UPA Government were stuck to the ideological dogma of neo-liberal economic policies.

    At a function here, he rejected the olive branch extended by the Prime Minister and took him head on for his comments that the UPA Government had strengthened banking and insurance systems and India was able to meet the global financial crisis because of these steps.

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    “The Prime Minister has made some important pronouncements when he was on a plane while returning from Japan. Our Prime Minister makes such important pronouncements on board planes,” he said in an unusually mocking manner.

    Recounting his experience in engaging the Government over the last few years, he said the Left parties had spent hours together with the Prime Minister and Finance Minister arguing that the Government should not go for financial sector liberalisation.

    “After spending hours together, they used to say that you have taken an ideological position. It is in fact they who are stuck to the ideological dogma of neo-liberal policies,” he said.

    ... contd.

    Next12
    EconomyBy: D.A.Eswar | 31-Oct-2008 Reply | Forward The UPA economic policy duo PM and FM need to listen to opposition. They dont have ideas how to solve present mess created by them. They squandered resources and opportunities.Their overconfidence and disrespect to BJP LEFT and intelligentia of the Country led to the present mess. They will leave power after 4 months. How to rebuild Country from present mess? Why honest tax payers should suffer? Why poor should suffer ? It is high time President of India should call PM and tell him to listen to all parties and conduct Parliament session. Other wise, this Government need to be dismissed immediately. To save the country and future of economy this is required.
    green rules the country By: sarma | 31-Oct-2008 Reply | Forward dont extend olieve branch to CPM Mr. PM. Please extend Green branch as it will solve all purposes.
    Money flow control By: Arvind | 31-Oct-2008 Reply | Forward What ever foreign money leaving India should be with the consent of RBI. Should not go out just by selling shares etc. Otherwise there can be economic Bombing by enemies
    About Mr Karat speechBy: Sanjin Taurev | 31-Oct-2008 Reply | Forward Mr Prakash Karat is absolutely right in this context. If Mr Chitambaram could have succeeded to make all bank private then all bank might have been collapsed. Which should follow certain policy which protect our savings for future. We should not blindly follow the American policy.
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