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New govt aims to remove uncertainty for investors - law minister

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Reuters NEW DELHI

NEW DELHI (Reuters) - The new government's goal is to remove uncertainty and provide investors a stable fiscal and legal policy, Law Minister Ravi Shankar Prasad told reporters on Tuesday.

Disputes between the Indian government and a slew of multinational companies including Vodafone Group Plc have deterred investors in Asia's third-largest economy.

Vodafone has begun arbitration proceedings in a more-than-$2 billion tax dispute.

(Reporting by Rajesh Kumar Singh and Devidutta Tripathy; Editing by Sunil Nair)

 

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First Published: May 27 2014 | 1:05 PM IST

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