"Many multinational corporations feel their mouths water at the mention of the opening up of the Indian economy. India offers a good ground for plunder. Even if only 10 per cent of the population of 1.06 billion have 5,000 rupees to spend, that offers a big market." (1 euro=56 rupees).

"Many multinational corporations feel their mouths water at the mention of the opening up of the Indian economy. India offers a good ground for plunder. Even if only 10 per cent of the population of 1.06 billion have 5,000 rupees to spend, that offers a big market." (1 euro=56 rupees).

LC: It shows what’s possible when you have a party and a leadership which wages a real fight in defence of workers’ interests. At that time, like today, local councils were carrying out a mix of cuts, privatisation or raising local taxes to compensate for cuts in central government grants. This was...

Committee for a workers' International publications

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