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Will make investments in India burden-free: Chidambaram

CNN-IBN
Aug 06, 2012 at 04:50pm IST

New Delhi: Finance Minister P Chidambaram held his first press briefing after taking over the post saying the aim of the Ministry was to remove procedural burdens in making investments in India. "The key to restart the growth engine is to attract investment, both home and foreign. Our aim is to remove the procedural burdens in making investments in India."

He added, "The food inflation is high. It can be moderated. We will take steps to remove the supply constraints. We will use the food stocks wherever necessary."

He further said, "Clarity in tax laws, stable tax laws, fair mechanism for dispute redressal and a fair judiciary are necessary to boost trust."

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