Nothing new in President's speech: TDP



New Delhi: The Telugu Desam Party (TDP) on Monday dubbed the President's address to Parliament as a "repeat" of old speeches and said it lacked any dynamism to show that the government was making efforts to boost public confidence.

"There is nothing new in the address. It is a repeat of old speeches," TDP leader in the Lok Sabha Nama Nageshwar Rao told reporters here.

He said the President's address lacked direction to deal with situation in Jammu and Kashmir, terrorism and Left wing terrorism.

He said while on the one hand the government was talking of dealing with the issue of black money stashed abroad, on the other it was encouraging private investment in infrastructure projects where, he alleged, that such funds are diverted.

"Black money flows into India through tax havens in the name of investment in infrastructure projects," he said.

Rao said corruption cannot be tackled by state funding of elections or electoral reforms and demanded stringent steps to deal with the issue.

He said the continued instances of farmers committing suicide indicated that the farming community lacked confidence in the UPA government. "No solution has been found to the rising input cost in agriculture," he said.

PTI