New Delhi, April 3 The Confederation of Indian Industry (CII), a major industry lobby, welcomed the passage of the Jan Vishwas (Amendment of Provisions) Bill, 2026, by Parliament on Friday. CII stated that once implemented, the bill will significantly reduce the compliance burden on businesses, accelerate dispute resolution, and help strengthen investor sentiment.
On Thursday, Parliament passed the Jan Vishwas (Amendment of Provisions) Bill, 2026, to amend 784 provisions in 79 central laws to decriminalize and rationalize minor offenses, further improving the business environment and preventing harassment.
"CII warmly welcomes the passage of the Jan Vishwas (Amendment of Provisions) Bill, 2026, which is a significant step that reaffirms India's commitment to building a modern, trust-based regulatory environment conducive to investment and growth," CII Director General Chandrajit Banerjee stated.
The bill introduces meaningful structural improvements: replacing imprisonment provisions for minor infractions with proportionate monetary penalties or warnings; graded enforcement mechanisms that extend leniency to first-time offenders; and rationalization of fines in line with the severity of offenses, he observed.
"Together, these measures will significantly reduce the compliance burden on businesses, accelerate dispute resolution, and reduce the workload on an already strained judicial system," Banerjee said.
He emphasized that businesses can now operate with greater confidence, and entrepreneurs can make decisions without the fear of disproportionate consequences.
"CII is confident that these reforms will strengthen investor sentiment, stimulate entrepreneurship, and accelerate India's journey toward becoming a globally competitive and resilient economy. We look forward to continued partnership with the Government to deepen this reform momentum," said Banerjee.