Andhra’s investor protection law is a smart move by Chandrababu Naidu. It will restore confidence

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Andhra CM Chandrababu Naidu’s proposed investment protection law and creation of an escrow account to immunise their subsidies from political shifts is an excellent move. The previous YSRCP government’s cynical cancellation of Naidu-era projects shook investors’ confidence. Naidu’s legislative innovation should restore it by shielding their investments from vendetta politics.