East India Company was much better than the present ‘desi’ corporate groups, says CPI(M-L)

Expressing concern over growing influence of the corporate groups over the government, speakers at the commemoration meeting organised by the Communist Party of |India (Marxist-Leninist) here on Tuesday stressed the need for launching a united fight to get the government freed from the shackles of a few corporate companies.

Commemoration meet

Stating that the East India Company of the British was much better than the present day ‘desi’ corporate groups, the speakers wanted the people to join hands together to launch a fight on the lines of the Independence movement to get rid of the corporate supremacy.

The CPI (ML) conducted the meeting at Suryakala Mandiram on Cinema Road to commemorate the eighth death anniversary of M.V. Prasad and Vasantha who had led land struggles till their last breath.

General secretary of the CPI (ML) K.N. Ramachandran, who was the chief guest of the meeting, called upon the like-minded individuals and organisations to launch the unified movement against the corporate companies.

“The natural gas reserves from the Krishna-Godavari basin are being transported to Gujarat, just because of the business interests of the Reliance group.

"People from this region are not getting any benefits from their natural resources and the government is not in a position to question the Reliance,” he said.

Even the Opposition parties were in favour of the corporate groups and that was why no stringent action was being initiated against any of the groups even if they committed several mistakes, Mr. Ramachandran said.

Member of the State Bar Council Muppalla Subba Rao said launching of unified movement was the only solution to stop the corporate companies from exploiting the natural resources.

Mr. Subba Rao said even as the political parties made several promises to the public on channelising the natural gas from the Krishna-Godavari basin for the local needs, they remained silent when the Reliance began transporting it to Gujarat.

Members of the CPI (ML) and its frontal organisations from various parts of the State participated in the meeting.

They recalled the services rendered by the late M.V. Prasad and Vasantha to the landless poor.


  • Natural gas reserves from the K-G basin are being transported to Gujarat: CPI(M-L) leader

  • Even Opposition parties are in favour of the corporate groups, he says