"Communal agenda and centralised state structure to push the new economic reforms under the aegis of International Financial Capital have converged under the new government," he said while inaugurating the fourth International Conference on Kerala Studies, organised by AKG Centre for Research and Studies here.
Coming down heavily on the NDA government's decision to scrap the Planning Commission, he said the need now was to fight the "twin challenges" of communal agenda and unitary financial system of the Centre.
There was a decline in the quantum of funds transferred to states from the Centre over the years, he said.
"It is not merely replacing with a name, but replacement of the entire involvement of democratically elected states in formulating the economic planing of the country," Yechury said.
On Left parties' Opposition to GST, Yechury said the only right of states' to mobilise resources under sales tax has been removed in GST. "This is a serious matter", he said.
He also alleged that the policy was brought in to enable international corporates and domestic corporates make maximum profits.
Yechury criticised the Centre for not calling an all-party meet to discuss the GST issue. "Why are they not talking to the Opposition?", he asked.
On talks the government had with Congress on GST, Yechury said "we have always maintained that there is not much difference in the economic policies of BJP and Congress".
(REOPENS MDS2)
CPI(M) politburo member Pinarayi Vijayan, who also spoke, wanted policies to improve various sectors such as IT, infrastructure, bio-technology in Kerala.
"Kerala being a small state, one should be able to tavel by road from one end of the state in Kasargod to other in Thiruvananthapuram within six hours," he said.
Vijayan also stressed the need to protect the environment while taking up projects and said Kerala should focus on modern industries like IT, bio-technology and food processing.
Six workshops on important issues related to the future growth and development of Kerala will be held at the conference.
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