Nearly 48,000 Business Compliances Simplified, Digitised Or Removed, For Ease Doing Business
What Happened
The Department for Promotion of Industry and Internal Trade said the government has reduced 47,957 compliance requirements across Central ministries, states and Union Territories. Of these, 22,290 were digitised, 16,141 simplified, 5,255 decriminalised and 4,271 eliminated. The government is positioning these reforms as part of a shift from permission-based regulation towards trust-based governance. The Jan Vishwas Acts have also decriminalised 900 provisions of Central laws.
Key Takeaways
The reforms aim to reduce paperwork and regulatory burden for businesses by moving more compliances online, simplifying requirements and replacing criminal penalties in thousands of provisions.