New Delhi : Commerce and Industry Minister Piyush Goyal has made a big statement about the Jan Vishwas Bill 2.0. He has stated that his ministry is preparing to make a plan regarding this bill. It is being said about this bill that it is expected to be introduced in Parliament in the upcoming budget session. Piyush Goyal has also said that suggestions have also been received from stakeholders and other departments to make minor crimes more crime-free.
The Public Trust Act was enacted last year to promote ease of doing business by decriminalising minor offences by amending 183 provisions of 42 Acts. Now, the ministry is working on 'Public Trust Bill 2.0' and discussions are on with stakeholders for this. Goyal told PTI-Bhasha, “We have received very good responses so far. Many departments have come forward with active suggestions to decriminalise the laws under their ministries. Stakeholders have presented good ideas on areas where they want to become crime-free without compromising on security and national interest.”
Time needed for discussion
On the question of introduction of 'Jan Vishwas Bill 2.0' in the winter session of Parliament, he said that more time would be required for discussions, “so it can be introduced in the budget session.”
Also read:- Piyush Goyal assured real estate businessmen, will raise the issue before RBI for finance
Boosting FDI
He said that the Act has been widely accepted as a progressive measure to decriminalise minor crimes. This has encouraged the government to work in partnership with stakeholders for another round of decriminalisation through the 'Jan Vishwas Bill 2.0'. Goyal also said that these steps taken to improve the business environment of the country are helping in promoting foreign direct investment i.e. FDI in the country.
Attractive FDI destination
He said, “India is a very attractive FDI destination, with the Government taking significant steps to attract investments and this coupled with India's growing aspirations will certainly help drive FDI inflows in the coming years.”
Reasons for a good investment
According to government data, foreign direct investment (FDI) in India rose by 47.8 per cent to $16.17 billion in the April-June period of the current financial year due to good investments in services, computer, telecom and pharmaceutical sectors.
(With agency input)
Comments are closed.