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Centre Introduces 'Jan Vishwas Bill' in Parliament for 'Ease of Business'

  • Published
    23rd Dec, 2022
Context

The Commerce and Industry Minister in Lok Sabha introduced the Jan Vishwas Amendment Bill 2022, which seeks to decriminalise minor offences by amending 183 provisions in 42 Acts with a view to promoting ease of business.

About

About the Bill:

  • Background: The Vivad se Vishwas Bill, 2020 was introduced in Lok Sabha by the Minister of Finance on February 5, 2020.  
  • The government has taken a series of measures to promote ease of doing business in the past few years.

Indicators of Ease of Doing Business: There are 10 parameters of Ease of Doing Business:

  • Starting a Business of all,
  • dealing with Construction Permits,
  • Getting Electricity,
  • Registering Property,
  • Getting Credit,
  • Protecting,
  • Minority Investors, Paying Taxes,
  • Trading across Borders,
  • Enforcing Contracts and Resolving Insolvency.
  • About 1,500 old laws have been repealed, 39,000 compliances have been simplified and about 3,500 norms were introduced to decriminalise minor offences.
  • The proposal was mooted by the Department for Promotion of Industry and Internal Trade (DPIIT).
  • Besides the decriminalisation of minor offences, the bill envisages;
    • The rationalisation of monetary penalties,
    • Depending on the gravity of the offence,
    • Bolstering trust-based governance.
  • The Acts which are being amended include the:
    • The Drugs and Cosmetics Act, 1940;
    • Public Debt Act, 1944;
    • Pharmacy Act, 1948;
    • Cinematograph Act, 1952;
    • Copyright Act, 1957;
    • Patents Act, 1970;
    • Environment (Protection) Act, 1986; and
    • Motor Vehicles Act, 1988.
  • The other laws include the Trade Marks Act, 1999; Railways Act, 1989; Information Technology Act, 2000; Prevention of Money-laundering Act, 2002; Food Safety and Standards Act, 2006; Legal Metrology Act, 2009; and Factoring Regulation Act, 2011.
  • These 42 laws are administered by various Union ministries, including finance, food production and distribution, financial services, agriculture, commerce, environment, road transport and highways, ports, electronics and IT.
  • The bill mentions that the novelty involved in the proposal, increased by 10 per cent of the minimum amount of fine and penalty levied, after the expiry of every three years.

 

Impacts of the Bill:

  • It will reduce the burden on the Judiciary and cases pending.
  • There are many laws in the country, under which punishment provisions are there for minor offences and for that people have to approach courts. Now the situation can be improved and save time for other work.
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