From Hindustan Times
Owned by HT MediaAndhra to enact law to shield investors from regime change, says Chandrababu Naidu
What's behind this
Chief Minister N Chandrababu Naidu said Andhra Pradesh will draft an investment protection law, which would make the state the first in India with a dedicated legal framework to shield investors from policy reversals that often follow a change of government. He said the law is intended to protect investors from regime change and political vendetta, and he asked Union Commerce and Industry Minister Piyush Goyal to back the legislation at the centre. Specific details of the proposed law were not disclosed in the reports.
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RSS excerpt
Naidu said concerns over regime changes and vindictive politics that follows a regime change created apprehensions among investors.