MUDIGIONDA (Khammam dist): Stormy days are ahead in the country as the government is likely to opt for bigger doses of privatisation to offset the impact of fiscal deficit for the current year, according to Tripura Chief Minister Manik Sarkar and CPI (M) politburo member on Tuesday.
Addressing a rally of the party organised here to mark the second anniversary of Mudigonda police firing that left seven of the partymen killed, he said the fiscal deficit was in the order of about Rs. 25,000 crore and the government was left with no other option but to sell the shares in the public sector undertakings. Privatisation would cost over one crore jobs.
If the indications given by the Rajasekhara Reddy government during the budget session, a much more serious situation could prevail in Andhra Pradesh. Cooperative farming sought to be introduced by the government would prove to be counter productive. It would pave the way for corporatisation of land.
Coming down heavily on the Congress for its policies and priorities, he said it had become a party of the profitmakers, black marketers, monopoly institutions. Over 77 per cent of the people of the country could not earn at least Rs. 20 a day.
The kin of a CPI(M) activist martyred in the Mudigonda police firing two years ago, seeking blessings from Tripura Chief Minister Manik Sarkar in Khammam on Tuesday
Over 50 per cent of women suffer from anaemia while over 26 to 18 crores of the youth were without employment. He said that the land reforms would only the way out to help improve the economy in the country.
He paid floral tributes to the partymen martyred in the land struggle at Mudigionda. CPI (M) state Secretary, B. V. Raghavulu and the party Central Committe member, Thammineni Veerabhadram were among those who spoke.
(courtesy : The Hindu)
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