World Socialist Party of India
Encyclopedia
Founded in March 1995 in Calcutta by members of the Marxist International Correspondence Circle (May 1990) in collaboration with the Bengali
Bengali language
Bengali or Bangla is an eastern Indo-Aryan language. It is native to the region of eastern South Asia known as Bengal, which comprises present day Bangladesh, the Indian state of West Bengal, and parts of the Indian states of Tripura and Assam. It is written with the Bengali script...

 language journal Lal Pataka group (January 1983) having broken away from the Communist Party of India (Marxist)
Communist Party of India (Marxist)
The Communist Party of India is a political party in India. It has a strong presence in the states of Kerala, West Bengal and Tripura. As of 2011, CPI is leading the state government in Tripura. It leads the Left Front coalition of leftist parties in various states and the national parliament of...

 in 1982, the World Socialist Party (India) inaugurated on 1–3 March 1995 in the Students Hall, College Squire, Calcutta, is the first Marxist party in India.

Adopting the Object and the Declaration of Principles as laid down in 1904 by the Socialist Party of Great Britain
Socialist Party of Great Britain
The Socialist Party of Great Britain , is a small Marxist political party within the impossibilist tradition. It is best known for its advocacy of using the ballot box for revolutionary purposes; opposition to reformism; and its early adoption of the theory of state capitalism to describe the...

 as the basis, the WSP (I) appreciates the SPGB for its opposition to the World Wars on grounds of class and description of Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 in 1918 as "State Capitalist". Like the SPGB, the WSP (I) has no leadership.

The World Socialist Party (India) was founded with the help of the Socialist Party of Great Britain and formally established themselves as a companion party of the World Socialist Movement in 1995.

In common with other parties of the WSM, the WSP (I) was formed as a revolutionary party opposed to Leninism
Leninism
In Marxist philosophy, Leninism is the body of political theory for the democratic organisation of a revolutionary vanguard party, and the achievement of a direct-democracy dictatorship of the proletariat, as political prelude to the establishment of socialism...

, and seeking to win control of the state by parliamentary means in order to abolish it and establish socialism on a worldwide scale.

The party was the only World Socialist Party in Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

 until 9th Annual Congress in February 2003 when it requested to affiliate to Socialist Studies
Socialist Studies (1989)
Socialist Studies was first published in 1989 by the Camden and North West London branches of the Socialist Party of Great Britain, though since issue № 3 it has been published by an independent organisation ....

instead.
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