TN economy in crisis: Raja

HYDERABAD, 28/08/2011: Communist Party of India National Secretary D. Raja, along with former UPSC member Prof K.S. Chalm, addressing a discussion on implementation of SC Sub Plans and Tribal Sub Plans in the State, in Hyderabad on August 28, 2011. Photo: Nagara Gopal

: The economy of Tamil Nadu is in crisis and both the Dravidian parties are hiding the fact from the people, said CPI national leader D. Raja.

Addressing press persons here on Wednesday, Mr. Raja said that the revenue and income of the State was falling and both the parties did not have any new approach or programme to revive it. “Water resource in the State is shrinking and agricultural productivity is falling. Graduates of IT courses in Tamil Naduare facing high level of underemployment,” Mr. Raja said. “Both the parties have reached a level of saturation and cannot offer any new ideas ,” he said.