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Reading: DPIIT working on Jan Vishwas 2.0 to further boost ‘Make in India’ – World News Network
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Latest World News Update > Blog > Business > DPIIT working on Jan Vishwas 2.0 to further boost ‘Make in India’ – World News Network
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DPIIT working on Jan Vishwas 2.0 to further boost ‘Make in India’ – World News Network

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Last updated: September 28, 2024 12:00 am
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New Delhi [India], September 28 (ANI): The Department for Promotion of Industry and Internal Trade (DPIIT) is working on about 100 rules and laws of various departments of government to bring Jan Vishwas 2.0 bill to achieve a greater ease of doing business environment in the country.
The work is being done as the priority area under the first 100-day thrust of the present government, an official release said.
To support the “Make in India” initiative, the Government of India has enacted the Jan Vishwas (Amendment of Provisions) Act, 2023. With the primary objective of decriminalising minor offences across 42 Central Acts, the Act eliminates 183 criminal provisions across 19 Ministries/Departments.
The Joint Parliamentary Committee, which reviewed the Jan Vishwas Bill, has recommended extending the exercise to further Acts, ensuring the continuous modernization of India’s regulatory framework. The Jan Vishwas Act introduces civil penalties and administrative actions for minor technical and procedural lapses, reducing the fear of criminal penalties and enhancing the ease of doing business and living in the country.
A key objective of the Jan Vishwas Act is to remove outdated provisions that no longer serve the evolving technological and business environment. “This comprehensive reform not only saves time and costs for both the government and the judiciary but also fosters a more conducive environment for businesses and entrepreneurs by reducing unnecessary legal hurdles,” the release said.
The Act, passed by the Lok Sabha on July 27, 2023, and the Rajya Sabha on August 2, 2023, with presidential assent on August 11, 2023, aims to promote trust in businesses and citizens, streamline legal processes, and ease the burden on the judiciary.
“The decriminalisation effort ensures that penalties are proportionate to the severity of offences while maintaining stringent punishments for serious violations. This is a major step towards aligning India’s regulatory framework with global business standards, promoting investor confidence, and facilitating smoother business operations,” the release said. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

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