India is preparing a third Jan Vishwas Bill, aimed at simplifying business processes and reducing compliance burdens. The government also plans to make it easier for companies to start operations and, crucially, exit when needed. In parallel, India has already finalized nine free trade agreements and is in talks on more partnerships with additional countries.
The government’s Jan Vishwas Bill seeks to decriminalise minor offences to improve India’s business climate. Instead of jail terms, many violations would be handled through fines, easing pressure on companies and reducing workload for courts. The reform is designed to modernise outdated laws and build a simpler, more effective regulatory framework that supports growth and smoother governance.
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