Reform through the Jan Vishwas (Amendment of Provisions) Bill, 2026
The passage of this bill by Parliament represents a strategic policy decision by the Government of India, aiming to balance enforcement with facilitation and embed trust within the regulatory framework.
Key Objectives of the Reform
- Proportionate Enforcement: Shifting away from heavy reliance on criminal sanctions towards more proportionate measures.
- Predictability: Creating a regulatory environment that is predictable, aiding businesses in understanding and following compliance requirements.
- Facilitative Approach: Encouraging a compliance culture that is supportive rather than punitive.
Focus on Decriminalisation
Decriminalisation of minor business-related offences forms a core component of India's ongoing reform agenda.
Objectives of Decriminalisation
- Rationalize compliance requirements.
- Enhance the ease of doing business.
- Promote a regulatory culture based on voluntary compliance.
Issues with Previous Compliance Models
- Compliance Anxiety: Excessive criminalisation of technical and procedural lapses created anxiety among businesses.
- Discouragement of Entrepreneurship: Fear-driven adherence hindered entrepreneurial initiatives.
- Resource Diversion: Administrative and judicial resources were diverted away from addressing serious violations.