Woking on Jan Vishwas bill 3 to further improve business environment: Piyush Goyal
On April 2, Parliament passed the Jan Vishwas (Amendment of Provisions) Bill, 2026, which amends 784 provisions in 79 central laws to decriminalize and rationalize minor offenses to further improve the business environment and control harassment of people. By changing these provisions, the bill rationalized more than 1,000 crimes.
Also Read: No jail time for honking horn or smoking in metro: How Jan Vishwas Bill 2026 ends jail time for everyday infractions
Similarly, in 2023, the Jan Vishwas law was introduced to improve ease of business by decriminalizing minor offenses by amending 183 provisions of 42 laws.
“We are currently working on Jan Vishwas Bill No. 3, where we will probably go beyond decriminalizing the laws (and) look at simplification of processes and procedures, reducing compliance burden, reducing scary forms to make the life of businesses better and more comfortable,” Goyal said at the World Bank Group’s workshop on Business Ready (B-READY) framework here.
He said that thanks to these measures, the government has introduced laws that are more contemporary and suitable for India in the 21st century.
The Ministry emphasized that the entry and exit of businesses should be facilitated.
“And now we have 100 more industrial parks planned under the Bhavya Plan,” he said.
On international trade, Goyal said India has completed nine free trade agreements in the last three and a half years.
“In the next 2 years. I expect at least 6 or 7 more free trade agreements, collectively covering 50 developed, rich and prosperous countries,” he said.
Without naming the country, Goyal said that he had meetings with a minister of a country this evening, whom he met for the first time in his life.
“And at the meeting, we decided to immediately examine our two economic situations… we have prepared terms of reference and in July we will hold a meeting of the joint economic and trade council (JETCO) where we hope to sign terms of reference for another Free Trade Agreement,” he added.
According to a social media post, the minister held a meeting with Ecuadorian Minister of Foreign Affairs and Human Resources Gabriela Sommerfeld Rosero and discussed ways to increase two-way trade and investments.
