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Krishak Banuva Panchayat (Assam Peasant and Labour Party) was a political organisation in Assam, India. It functioned as the open mass front for the Revolutionary Communist Party of India in Assam. It was founded on 2 May 1940 at a convention in Gauhati. Bishnu Prasad Rabha and Khagen Barbarua were notable leaders of KBP.