Agartala: The CPI(M) on Friday said the party welcomes Aam Admi Party (AAP) for fighting both the Congress and BJP in the Delhi Assembly elections.

"It is a secular party (AAP) which fought against the Congress and the BJP in the Delhi Assembly elections. We welcome them," party General Secretary Prakash Karat told reporters on the sidelines of the ongoing CPI(M) Central Committee meeting here.

Describing the liberal economic policy as the main source of corruption, the CPI(M) has also asked the AAP to clear its stand on it.

"They (AAP) did not make their stand clear on various policy matters like the new liberal economic policy, which is the main source of corruption.

"So, unless the AAP clears its stand on these, it is not possible for us to have a clear conception regarding the new party," Karat said.

Replying to a separate question, he termed the party`s drubbing in Rajasthan Assembly polls as disappointing.

The CPI-M had won three Assembly seats in Rajasthan last time, but lost all of them in the this year`s election.

"We lost all seats in Rajasthan which is disappointing, but there is no reason to believe that we lost our base there," Karat added.