Minister of Commerce and Industry Piyush Goyal has said that his ministry is working on ‘Jan Vishwas Bill 2.0’ and the bill is expected to be introduced in Parliament in the budget session next year. The minister said that several suggestions have been received from stakeholders and departments to further decriminalise petty crimes. The Public Trust Act was enacted last year to promote ease of doing business by decriminalising petty crimes by amending 183 provisions of 42 Acts.
Dialogue with stakeholders is ongoing
Now the ministry is working on ‘Jan Vishwas Bill 2.0’ and for this talks are going on with the stakeholders. Goyal told ‘PTI-Bhasha’, “We have received very good responses so far. Many departments have come forward with active suggestions to decriminalize the laws under their ministries. Stakeholders have presented good ideas on the areas where they want to become crime-free without compromising on security and national interest.
Can be presented in the budget session
On the question of introducing the ‘Jan Vishwas Bill 2.0’ in the winter session of Parliament, he said that more time would be required for deliberation, so it can be introduced in the budget session. He said that the Act has been widely accepted as a progressive measure to decriminalize minor crimes. This has encouraged the government to work in partnership with stakeholders for another round of decriminalization through the ‘Jan Vishwas Bill 2.0’. Goyal also said that these steps taken to improve the business environment of the country are helping in promoting foreign direct investment (FDI) in the country.
FDI is getting a boost
He said, “India is a very attractive FDI destination. The government is taking important steps to attract investment and this along with India’s growing aspirations will definitely help in increasing FDI in the coming years.” According to government data, foreign direct investment (FDI) in India grew 47.8 percent to $ 16.17 billion in the April-June period of the current financial year due to good investments in services, computer, telecommunications and pharmaceutical sectors.
