As Lok Sabha and Rajya Sabha on Thursday passed the Jan Vishwas Bill, 2026, the Confederation of Indian Industry (CII) has called it a milestone that reaffirms India’s resolve to build a modern, trust-based regulatory environment conducive to investment and growth.
Chandrajit Banerjee is the Director General of (CII), said the CII welcomed the passage of the Jan Vishwas Bill, 2026, which was a milestone that reaffirms India’s resolve to build a modern, trust-based regulatory environment conducive to investment and growth.
CII has long advocated for the decriminalisation of minor procedural and technical offences, and the shift toward a facilitative compliance framework. This Bill is the outcome of sustained, constructive dialogue between industry and policymakers, and reflects the Government’s commitment to genuinely make it easy to do business in India.”
He said the Bill introduced meaningful structural improvements: replacing imprisonment provisions for minor infractions with proportionate monetary penalties or warnings; graded enforcement mechanisms that extend leniency to first-time contraventions; and rationalisation of fines in line with the severity of offences.
“Together, these measures will substantially ease the compliance burden on businesses, accelerate dispute resolution, and reduce the caseload on an already stretched judicial system,” stated Banerjee.
He further added, “This is not merely a legislative amendment, it is a statement of converting intent to action. India is building a regulatory architecture worthy of its ambitions of Viksit Bharat. Businesses can now operate with greater confidence, and entrepreneurs can take decisions without the fear of disproportionate consequences.”
Earlier in the morning on Friday, Commerce Minister Piyush Goyal described the reform as unprecedented in scale. “I could not find any parallel anywhere in the world and certainly never in India 1,000 provisions of the law covering a span of 79 different Acts of Parliament have been addressed in one stroke,” he added.
