Calling upon the people to reject the Congress and the BJP in the Lok Sabha elections, CPI general secretary S. Sudhakar Reddy said here on Monday that the alternative front, being mobilised by Left parties, would focus on opening a new socio-economic chapter for the ‘future of India’. “Apart from implementing general pro-people measures, we will explore more avenues for exports and end the looting by corporate bodies so as to rejuvenate the sagging economy,” he said addressing mediapersons on the sidelines of his party’s State Council meeting.
Mr. Reddy clarified that the CPI was not against Foreign Direct Investment per se, but was of the opinion that it must be for productive purposes instead of speculative.
To bridge the huge current account deficit (CAD), he suggested improving exports to markets in Asia and Latin America.
