Jan Vishwas Bill: A New Era of Business Confidence
The Confederation of Indian Industry (CII) applauds the Jan Vishwas Bill's passage, which aims to facilitate business by reducing compliance burdens and improving investor confidence. The Bill modifies 784 provisions across 79 central laws, easing regulations and decriminalizing minor offenses to foster a conducive business environment.
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Industry body CII has hailed the parliamentary approval of the Jan Vishwas (Amendment of Provisions) Bill, 2026, as a pivotal development in India's efforts to create a trust-based regulatory framework. The legislation seeks to ease business operations by reducing compliance burdens and improving investor confidence.
Passed on Thursday, the Bill amends 784 provisions within 79 central laws, focusing on the decriminalization and rationalization of minor offenses. The objective is to enhance the business climate and safeguard individuals from undue harassment. CII Director General Chandrajit Banerjee emphasized the move as a reaffirmation of India's commitment to becoming an investment-friendly and growth-oriented economy.
The Bill replaces imprisonment provisions for minor infractions with proportionate penalties or warnings, designed to extend leniency towards first-time violators. These reforms aim to expedite dispute resolution and relieve pressure on India's overstretched judicial system, fostering entrepreneurship and enhancing global competitiveness.
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