Revamping Business Regulations: A New Chapter in India's Commerce Policy

Commerce and Industry Minister Piyush Goyal announced efforts to further decriminalise minor business offenses through the third Jan Vishwas bill. The ministry aims to amend approximately 275-300 provisions. This bill seeks to promote ease of living and business, following the first edition that amended 183 provisions across 42 Acts.

The Commerce and Industry Ministry, led by Piyush Goyal, is working on the third edition of the Jan Vishwas bill, aimed at further decriminalising minor business offenses. The minister announced that around 275-300 provisions are being considered for amendment.

In 2025, the Jan Vishwas (Amendment of Provisions) Bill was introduced in the Lok Sabha, focusing on easing business operations by decriminalising certain offenses. The bill is currently under review by a Select Committee.

Goyal urged the traders' community to identify more provisions that might benefit from decriminalisation. He also addressed labor codes aimed at improving business ease, with emphasis on ensuring minimum wage and social security for gig and platform workers.

(With inputs from agencies.)