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CPI(M) to have poll tie-up with TDP

NEW DELHI: The Communist Party of India (Marxist) on Sunday announced that it, along with the Communist Party of India, would jointly work for an electoral understanding with the Telugu Desam Party (TDP) in Andhra Pradesh.

At the end of its two-day meeting here, the Polit Bureau approved the decision of the Central Committee taken in October to have an understanding with the TDP in the Lok Sabha and Assembly elections.

The Polit Bureau also welcomed the CPI’s decision to have a similar understanding with the TDP.

The CPI(M) had been awaiting the CPI’s response as it felt both the Left parties should decide on allies in unison.

The Polit Bureau discussed the electoral line to do be adopted in Tamil Nadu. It said the understanding arrived would be conveyed to the Tamil Nadu State Committee so that a decision could be taken.

The meeting discussed the impact of the global financial and economic crisis on India and demanded the United Progressive Alliance government take steps immediately to tackle the unfolding crisis.

The suggestions included a special fiscal package to increase public expenditure which would raise income and consumption of the working people, expand fiscal deficit of the Central and State governments and scrapping of the Fiscal Responsibility Budget Management Act.

It also demanded that the Manmohan Singh government halt moves for further financial sector liberalisation and not to proceed with the Banking Regulation Amendment Act, the Bill for increasing the Foreign Direct Investment cap in insurance and the Pension Bill.

In the wake of the falling international oil prices below $50 a barrel, the government had no justification whatsoever for not reducing the prices of diesel and petrol, it said.

The Left parties, along with the TDP and the Janata Dal (Secular) would hold a ‘protest day’ on December 2 to demand the immediate reduction of petrol and diesel prices.

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