Overview
- The Union Cabinet cleared the Jan Vishwas 2.0 bill earlier this week and Commerce Minister Piyush Goyal introduced it in the Lok Sabha on August 18.
- First-time minor and procedural offences will no longer incur penalties but will trigger improvement notices giving recipients a set period to rectify breaches.
- Penalties will apply from the second offence onwards, with initial fine levels matching Jan Vishwas 1.0 rates and higher caps for repeat violations.
- The proposal targets roughly 300–355 provisions across central Acts, including the Motor Vehicles Act, Electricity Act, Legal Metrology Act and RBI-related statutes.
- The bill’s statement of objects emphasizes trust-based governance to reduce compliance burdens and improve ease of doing business, and it may be referred to a select committee for further scrutiny.