NEW DELHI, Sept 22 � Prime Minister Manmohan Singh today favoured building a climate that attracts investments and establish fair and effective regulatory institutions and legal processes, reports PTI
Addressing a Conference on Economic Growth in Asia and Changes of Corporate Environment, he said the government is bracing to meet international standards in corporate laws and will soon bring before Parliament the new Companies Bill.
�We must build a climate that attracts investment and encourages and rewards innovation, and establish fair and effective regulatory institutions and also legal processes. Above all, we have the responsibility to ensure probity, transparency and accountability in processes of governance,� he said at the conference.
