Jan Vishwas (Amendment of Provisions) Bill

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    In News

    • Recently, the Union Minister of Commerce and Industry introduced the Jan Vishwas (Amendment of Provisions) Bill, 2022 in the Lok Sabha.
      • The Bill promotes ease of doing business by decriminalising minor offences in 42 Acts administered by 19 ministries.

    What’s in Jan Vishwas Bill 2022?

    • Aim: 
      • It proposes to decriminalise many minor offences by replacing them with monetary penalties.
      • A unique feature of the proposal is an increase of 10% of the minimum amount of fine and penalty levied after the expiry of every three years once the bill becomes a law. 
    • It proposes amendments to the Acts:
      • The Boilers Act.
      • The Aadhar Act, 2016.
      • the Legal Metrology Act, 2009, 2006.
      • 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.
      • Motor Vehicles Act, 1988.
      • 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.
      • Factoring Regulation Act, 2011.

    How will the Bill help in ease of doing business?

    • The fear of imprisonment for minor offenses is a major factor hampering the growth of the business ecosystem and individual confidence.
    • A web of outdated rules and regulations causes trust deficit.
    • Need of the hour is to achieve Minimum Government, Maximum Governance, redefining the regulatory landscape of the country under the Ease of Living and Ease of Doing Business reforms.

    Source: AIR