India and Bilateral Investment Treaties--A Changing Landscape
Year: 2014
Type: article
Abstract: This article examines the origin, evolution and current status of the Indian Bilateral Investment Treaty (BIT) programme. India launched its BITs programme in 1994 as part of its overall strategy of economic liberalization. To date, India has entered into more than 80 BITs. However, India’s BIT programme didn’t receive much attention until recently when numerous foreign investors brought BIT claims against India challenging various regulatory measures such as cancellation of telecom licences and imposition of retrospective taxes. This sudden gush of BIT claims has put the focus on India’s BIT programme. It has triggered concerns about Indian BITs not balancing investment protection with India’s regulatory power, thus compelling India to re-think its BIT programme.
Author: P. Ranjan
Language: English
Subfield: Law
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2008463372