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The Jan Vishwas legislation will substantially ease the compliance burden on businesses, accelerate dispute resolution, and improve ease of doing business in the country, strengthening investor sentiment, India Inc said on Friday. Parliament on Thursday passed the Jan Vishwas (Amendment of Provisions) Bill, 2026, to amend 784 provisions in 79 central laws for decriminalising and rationalising minor offences to further improve the business environment and check harassment of people. "By decriminalising over 1,000 offences across 79 Acts and rationalising penalties, the reform brings greater clarity, predictability, and proportionality in compliance, strengthening ease of doing business, encouraging entrepreneurship and innovation, and reinforcing India's position as a globally competitive investment destination," FICCI President Anant Goenka said. CII Director General Chandrajit Banerjee said the bill reaffirms India's resolve to build a modern, trust-based regulatory environment ...
Prime Minister Narendra Modi on Tuesday urged industry leaders to step up investments, embrace emerging technologies and prioritise research to help India Inc fully leverage the vast opportunities offered by free trade agreements with various nations. "The days of cutting corners in research are over. We must now make substantial investments in research and development and ensure that our products meet global quality standards. Now we have got opportunities to move forward, so we should have only one mantra - Quality, Quality, Quality," he said while addressing a second webinar on Budget 2026-27. Stressing that India has entered into free trade agreements with numerous countries, he said, these agreements have opened up a wide range of opportunities for the country. "In such a situation, he said, "our responsibility is that we should never compromise on quality." Today, the world is seeking reliable and resilient manufacturing partners, he said, adding that India has a strong ...