“Jan Vishwas 2.0 Bill in Progress to Boost Ease of Doing Business by Decriminalising Minor Offences: Business News Updates – Hindustan Times”

In a move aimed at boosting the ease of doing business in the country, the government is reportedly working on the Jan Vishwas 2.0 bill, which aims to decriminalize minor offences related to business activities. The bill is expected to further streamline the regulatory framework and provide a more conducive environment for businesses to thrive.

The Jan Vishwas 2.0 bill is seen as a follow-up to the original Jan Vishwas initiative, which was launched with the aim of instilling confidence among businesses and investors. The new bill is expected to build on the success of its predecessor and address some of the challenges that businesses continue to face in navigating the regulatory landscape.

By decriminalizing minor offences, the government hopes to reduce the burden on businesses and promote a culture of compliance rather than fear. This is expected to not only improve the ease of doing business but also encourage more investments, both domestic and foreign, in the country.

The move comes at a time when the Indian economy is on the path to recovery following the challenges posed by the Covid-19 pandemic. With businesses looking to bounce back and grow, the Jan Vishwas 2.0 bill is expected to provide the much-needed impetus for the business community.

Industry experts have welcomed the government’s initiative and are hopeful that the Jan Vishwas 2.0 bill will help in creating a more business-friendly environment in the country. They believe that by simplifying regulations and reducing the fear of criminal action for minor offences, businesses will be able to focus on their growth and expansion plans.

Overall, the Jan Vishwas 2.0 bill is seen as a step in the right direction towards improving the ease of doing business in India and fostering a more conducive environment for businesses to thrive. Stay tuned for more updates on this developing story.