SCOTLAND’S newest party is to offer the most radical left-wing manifesto yet seen at a Holyrood election, as it tries to outflank the SNP, Greens and Jeremy Corbyn’s Labour in May.

RISE, Scotland’s Left Alliance, will finalise its policies at a conference this week.

Among its anti-austerity proposals are a minimum wage of £20,000 a year and a maximum wage of £100,000, free public transport, and sweeping tax rises on the “rich and middle class” to protect the poorest from Tory welfare cuts.

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The main discussion paper for next Saturday’s all-day event at Glasgow Royal Concert Hall suggests spending 3 per cent of Scottish GDP on creating 100,000 green energy jobs, as well as building 100,00 new council homes and giving private tenants far greater rights.

It also proposes the abolition of Police Scotland in favour of local forces, an end to stop and search and armed policing, and the decriminalisation of drugs.

Other ideas include axing public schools, withdrawal from NATO and on-demand abortions.

The ultimate goal is a fairer independent 'Scottish republic' with its own currency.

However there is little detail on how the changes would be paid for.

The Scottish Tories called the platform "Maoist" and claimed it was a sure-fire voter loser.

RISE, which stands for Respect, Independence, Socialism and Environmentalism, was born out of the Radical Independence Campaign (RIC), the Scottish Socialist Party (SSP) and the Scottish Left Project.

Dubbed the Scottish Syriza, its goal is the election of socialist MSPs via the Holyrood list system, where candidates are frequently elected with less than 6 per cent of the vote.

Its candidates are due to be selected at eight regional hustings in mid-December.

Although officially registered with the Electoral Commission as a party, its organisers say that in practice it will be a loose electoral pact, with the SSP and others choosing not to field candidates under their usual colours, but under the RISE banner instead.

SSP co-convener and former MSP Colin Fox, who will be standing in Lothian, said RISE was “the most significant left unity project in a generation” aimed at working class voters.

“Our manifesto will feature the most radical array of policies to be found anywhere. We are determined to see Scotland secure self-determination as soon as possible. We will also propose levels of wealth redistribution this country has never seen before.”

Trade union activist Cat Boyd, a prospective RISE candidate in Glasgow, said: “There are things we can do right now to lift people out of poverty, and oppose Tory austerity.

“We will take forward a programme that if implemented would transform the lives of millions. Socialist ideas are needed more than ever, and combined with our commitment to independence, the RISE campaign has the potential to shake up the election - and deliver socialist MSPs."

Independent MSP Jean Urquhart, who quit the SNP over Nato in 2012, said: “I believe RISE could transform our country and reignite radical thinking. We need to see pro-independence members in the opposition benches to challenge the predicted SNP government.”

RISE organiser Jonathon Shafi, who also co-founded RIC, said: “Our conference will bring together our policy work, organisation and campaign strategy. As soon as 2016 hits, we will be on the streets, in communities and in workplaces campaigning to get socialists back into Holyrood. It's going to be big, and we know our ideas can connect with large numbers."