ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Why a Non-IMF Rescue Arrangement

January 15, 1983 ment lies: "It goes without saying that the Right-wing reactionary forces represent a dangerous alternative to Indian National Congress power at the national level. This is the chief menace, and it is looming ever larger on the political horizon. The struggle against it is making INC, headed by Indira Gandhi, a broad organisation with relative historical progressiveness which it of course uses to consolidate its popularity and well-deserved authority." Of course. Well known specialists of course have the prerogative to abstract from reality. It is not exactly the 'Right-wing reactionary forces', some of whom were a part of the Union government during 1977-79, who however created the conditions which have rendered the country wide open to exploitation by international capitalism. This situation has been brought about subsequently, by the Indian National Congress headed by Indira Gandhi, whose popularity, Dr Ulyanovsky assures us. is so well-deserved. It is again Indira Gandhi's government, working assiduously during the past three years, who have scrapped the production controls on the big monopoly houses, slashed the supply of free foodgrains to the rural poor, and launched a crusade against communist ideology.

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