STATEMENT BY MR CHANDRAJIT BANERJEE, DIRECTOR GENERAL,CII
CII Welcomes Passage of Jan Vishwas (Amendment) Bill 2026, Calls It a Landmark Step in India's Regulatory Reform Agenda
“CII warmly welcomes the passage of the Jan Vishwas (Amendment of Provisions) Bill, 2026, which is a milestone that reaffirms India's resolve to build a modern, trust-based regulatory environment conducive to investment and growth.
CII has long advocated for the decriminalisation of minor procedural and technical offences, and the shift toward a facilitative compliance framework. This Bill is the outcome of sustained, constructive dialogue between industry and policymakers, and reflects the Government's commitment to genuinely make it easy to do business in India.”
The Bill introduces meaningful structural improvements: replacing imprisonment provisions for minor infractions with proportionate monetary penalties or warnings; graded enforcement mechanisms that extend leniency to first-time contraventions; and rationalisation of fines in line with the severity of offences. Together, these measures will substantially ease the compliance burden on businesses, accelerate dispute resolution, and reduce the caseload on an already stretched judicial system.
"This is not merely a legislative amendment, it is a statement of converting intent to action. India is building a regulatory architecture worthy of its ambitions of Viksit Bharat. Businesses can now operate with greater confidence, and entrepreneurs can take decisions without the fear of disproportionate consequences.
CII is confident that these reforms will strengthen investor sentiment, stimulate entrepreneurship, and accelerate India's journey toward becoming a globally competitive, resilient economy. We look forward to continued partnership with the Government to deepen this reform momentum.”