T.M. Thomas Isaac, the former Finance Minister of Kerala and a Central committee member of the Communist Party of India (Marxist) [CPI(M)], is a prominent figure in Indian politics. He is contesting in the 2024 Lok Sabha elections from the Pathanamthitta constituency, a stronghold of the Congress party. In a recent interview, Dr. Isaac shared his views on various topics, including federalism, the Left’s prospects in the upcoming elections, and his ongoing legal battle with the Enforcement Directorate (ED).
Federalism Concerns:-Dr. Isaac expressed grave concerns about the state of federalism in India, particularly under the BJP-led government. He warned that if the BJP were to secure a third term at the Centre, it could spell the end of federalism in the country. He criticized the Centre for what he perceived as an erosion of states’ rights and financial autonomy, citing issues such as the centralization of powers and the imposition of policies without states’ consent.
Election Prospects:-As the LDF candidate in Pathanamthitta, Dr. Isaac acknowledged the challenge of contesting against the Congress in a traditionally strong Congress bastion. However, he expressed confidence in the LDF’s campaign, highlighting the coalition’s track record in Kerala and its commitment to progressive policies.
Battle with ED:-Dr. Isaac discussed his legal battle with the Enforcement Directorate, which has summoned him in connection with the issuance of masala bonds during his tenure as Finance Minister. He termed the ED’s actions as politically motivated and aimed at stifling dissent. Despite the legal challenges, Dr. Isaac remains steadfast in his commitment to fighting for fiscal federalism and the rights of states.
T.M. Thomas Isaac’s interview provides valuable insights into the current political landscape in India, particularly regarding federalism, election dynamics, and the challenges faced by opposition parties. As he continues his electoral campaign, Dr. Isaac’s words underscore the importance of preserving democratic principles and upholding the rights of states in a federal structure.