New Delhi, May 27 : The new government was for a stable, transparent and investment friendly regime and for "good governance good legal regime is very necessary", said Ravi Shankar Prasad who took charge as union law minister Tuesday.

The new government wants to have an investment climate that is based on "fair policy and transparent and non-discriminatory regime", Prasad told the media soon after assuming office.

However, he said any extraneous considerations or corruption would be dealt with very seriously.

"Any extraneous consideration would be dealt with very seriously," the law and justice minister said.

He said that India is a country that is governed by rule of law and for "good governance good legal regime is very necessary".(IANS)