April 2, 2010 4:45 PM

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Yechury alleges economic policies created deep class divisions

CPI-M leader Sitaram Yechury alleged that the economic policies in the country have created deep class divisions and could seriously threaten its existence. <br/><br/>Charging that India is following a neoliberal agenda, he said, there is a shining India for a few and a suffering India for the vast majority. Addressing the prestigious Columbia University in the US, Mr Yechury said, the economic policies had led to the creation two classes in India, one comprising the 77 per cent of the country which lived on less than 20 rupees and the second where the number of millionaires had doubled. He said, the policies have led to a great deal of distress and destruction of peasantry and around two lakh farmers had committed suicide in recent years. <br/><br/>Admitting that the recent elections had been a downer for the Communist Party in India, Mr Yechury however said the present lull was only temporary because the future of the nation and the Left were inextricably intertwined. He also spoke against efforts to impose uniformity on the country, and said the nation could be kept united only if there was a push to strengthen the commonality within the diversity.<br/>

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