Between the financial years 2013-2015, Debt of Rs. 1.14 lakh crore payable by the business houses has been written-off by twenty-nine government banks. The Socialist Party registers its protest against this decision of the government. This decision of the government is not a new one. Governments have been doing this since neoliberal policies were introduced. The only difference this time is that the total amount waived is higher in the past nine years. This fact indicates that the present government is truly pro-capitalist.
The Socialist Party would like to point out to the hard-working masses the fact that there has been no vocal opposition from any of the mainstream political parties against this decision of the government. This explains that there is no serious opposition to neo-liberalism in the country’s politics.
Abhijit Vaidya
General Secretary
