To make manufacturing and other types of business easier, the government may soon introduce the Jan Vishwas Bill 2.0 in Parliament. According to the Department of Promotion of Industry and Internal Trade (DPIIT), more than 100 provisions will be abolished under the Jan Vishwas Bill.
183 provisions abolished under Jan Vishwas Bill
Jan Vishwas Bill 2.0 is being prepared in collaboration with more than 11 ministries. Many rules related to all these ministries will be abolished. These also include provisions of the Motor Vehicles Act. Under the earlier Jan Vishwas Bill, 183 provisions were abolished.
The method of inspection will change in industrial units
To encourage manufacturing, the government is also going to change the method of inspection of industrial units. In the budget presented on February 1, an announcement has been made to increase industrial facilities. DPIIT Secretary Amardeep Singh Bhatia said that the method of industrial inspection will be improved in collaboration with the states.
Inspection will have to be done within a specified time and it will have to be reported on the online portal what is lacking in the unit. Many such changes can come. He told that the main objective of reducing the provisions and reducing the burden of other regulators through the Jan Vishwas Bill is to reduce the cost of manufacturing.
Announcement of launching manufacturing mission
The launch of Manufacturing Mission has been announced in the budget. Rs 100 crore has been allocated for the mission. The mission will also create a framework to enhance ease of doing business, provide technical and skilled workers for the industry and produce quality products.However, it is not yet decided who will head this mission. Efforts are being made to increase manufacturing through schemes like Make in India and Production Linked Incentive. However, even now the share of manufacturing in the country’s GDP has not exceeded 15 percent.
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