From Deccan Herald
Owned by The Printers (Mysore) Pvt. Ltd.Chandrababu Naidu seeks investor safety law in Andhra Pradesh
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
Hyderabad: Andhra Pradesh is set to become the first state in the country to introduce a dedicated legal framework for investment protection, aimed at shielding investors from policy reversals that often follow a change of government. Chief Minister N Chandrababu Naidu announced the proposed…