"At least 60 files are reportedly missing. It has come to light following the CBI investigations into the coal scam. It is a very serious matter. Many agencies, including the Prime Minister's Office, have been involved (in the files)," CPI(M) General Secretary Prakash Karat told reporters here.
He said the government should explain as to how the crucial files had gone missing. "There are ongoing investigations. We hope the government comes out with an explanation."
Maintaining that the Food Security Bill was "flawed and insufficient to meet the requirements of ensuring food security for all citizens," he said as there were several amendments moved by Left and other MPs on common issues, the government should accept them.
Observing that the rupee has breached the Rs 62 mark against US dollar, the CPI(M) leader lambasted the government for the "crisis manifested by the steep fall" in rupee value, saying this was an outcome of the government's "economic mismanagement and the neo-liberal policies."
He said the "deteriorating" economic situation was reflected in the slowdown in growth, contraction in industrial production, continuing high inflation and the widening current account deficit on the balance of payments "which has resulted in the steady depreciation of the value of the rupee".
Noting that the government was seeking to overcome this crisis by attracting more FDI and giving more concessions to MNCs and Indian big business, he said the growing dependence on foreign flows and FDI will only worsen the problem.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
