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Socialist Party (India) is an effort towards the revival of socialism in India. It has its roots in the Congress Socialist Party (founded in 1934 as part of the Indian National Congress).

The party was formed after a long period of advocacy and organising by Panna Laal Surana and Surendra Mohan. Several socialist groups and individuals met in a two-day foundation conference held in Hyderabad on 28-29 May, 2011 where the Socialist Party (India) was constituted.

The SP(I) opposes the western capitalist industrialisation model which is being forced upon the Indian people and aims to develop a socialist agro-industrial development model which will benefit the majority of the country’s population including its farmers and working-class people.

The party aims to promote socialism in the form of the decentralization of economic activity and the development of small scale industries, and to launch peaceful struggles against anti-people activities of the ruling classes and the State.

The annihilation of the caste system through extensive measures – including the expansion and effective implementation of caste-based reservations – to end the caste-based roles and hierarchies that exist in the economic, political and social spheres of our country is a prominent objective of the party.

The party will also participate in parliamentary elections to stabilize the gains of the movement.