PRESS STATEMENT ON RAILWAY BUDGET BY M.S JAYAKUMAR

COMMUNIST PARTY OF INDIA (MARXIST LENINIST) REDFLAG
CENTRAL COMMITTEE
Nl2-11, c8, sector 9, nerul, navi Mumbai, maharashtra , pin 400706

Railway Budget: Path Opener for Privatization                                                            The Railway Budget presented in the parliament by the Union Railway Minister Mr Suresh Prabhu clearly lacks accountability to the law making body of the nation and transparency in its budgetary business. It anticipates more than 1Lakh Crore of rupees expenditure without clarifying from where it can get that much to spend. Its projections show that more than 8 Lakh crore rupees investment is to be done in the coming 5 years in the same fashion.               The only clear thing is about the structural involvement by the private investment of corporate houses of monopoly capital that is sure to destroy this epic industry throwing out lakhs of workers and cutting down jobs. Hence, this Railway budget effectively keeps off the budgetary vitals from the due discussion in the  parliament . It is sure to lead to the Ordinance Raj /  executive order method to find provisions for expenditure in every step ahead. This makes it the path opener for privatization in the Indian Railway.       We call upon the working class and the democratic sections of the society to rally against this pro-corporate anti-national Railway Budget of the Modi Government that plays instrumental to intensify Imperialist Globalization.

For the Central committee,

(signed)

MS JAYAKUMAR,
General Secretary,
CPI(ML) RED FLAG
9447605402