
It is no secret that price rise is a potent political issue and will play a part in the assembly polls this year. The CPM recognises this, saying that the price rise factor will have an 8220;adverse effect on the fortunes of the Congress party8221; in the Punjab and Uttarakhand elections. The lead editorial in the latest issue of People8217;s Democracy charts out a long list of what the government should do. Its suggestions: Bring down fuel prices to pre-June 2006 levels and revise the ad valorem duty structure on petroleum products, crack down on hoarding, address 8216;supply8217; constraints, and revise agricultural policy with emphasis on food security and the public distribution system. 8220;A major reason for the rising prices is the UPA government8217;s refusal to reverse the steps taken by the BJP-led government in 2003 to lift all restrictions on futures trading in agricultural commodities,8221; the editorial says. The party refers to what it believes are the changing positions of the government to explain price rise 8212; that it was seasonal, that inflation was a natural consequence of rapid economic growth and, more recently, that there were supply constraints. Contending that the UPA8217;s incorrect policies were responsible for price rise, the editorial says even though China had registered rapid growth for three decades, inflation was below 2 per cent.
Buddha8217;s word
Courting trouble
The Kerala High Court verdict on self-financing colleges in the state has elicited a long response in People8217;s Democracy from AIFUCTO president Thomas Joseph, who starts by saying the court had 8220;taken away the authority of the state to provide for a centralised single window admission,8221; determine fee structure and provide reservation, and 8220;freeship to 50 per cent of the admitted students on merit cum means basis8221;. He also says that by striking down section 7 of the Kerala Professional Colleges Act, the high court had 8220;struck down the educational aspirations of the poor and their prospects for a better life8221;. According to him, the verdict had 8220;little appreciation for the social philosophy of taxation and its implications on public finance and public welfare. This is not an apolitical view8230; it is a neoliberal, capitalist view. It is opposed to the socialist ethos of our constitution.8221;
Compiled by Ananda Majumdar