DPIIT Advances Trust-Based Governance to Ease Business Regulations

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has reduced 47,957 compliance requirements across Central Ministries and States and Union Territories as of 27 October 2026. The measures include digitisation, simplification, decriminalisation and elimination of requirements.

Compliance Reforms and Jan Vishwas Acts

Of the 47,957 reduced compliance requirements, 22,290 have been digitised, 16,141 simplified, 5,255 decriminalised and 4,271 eliminated. The Jan Vishwas Acts have decriminalised 900 provisions in Central laws. This total comprises 183 provisions across 42 Acts in 2023 and 717 provisions across 79 Acts in 2026. The Jan Vishwas (Amendment of Provisions) Bill, 2025, was introduced in the Lok Sabha on 18 August 2025. It proposes to decriminalise 288 provisions and amend 67 provisions across 16 Central Acts administered by 10 Ministries and Departments.

Startups and Credit Guarantees

DPIIT had recognised 2,50,046 startups as of 27 October 2026. These startups have generated more than 25.42 lakh jobs across over 770 districts and 56 industries. Under the Credit Guarantee Scheme for Startups, 532 loans worth Rs 1,662.71 crore have received guarantees. The maximum guarantee cover per borrower has increased from Rs 10 crore to Rs 20 crore. The annual fee has been reduced to 1% for 27 Champion Sectors.

Foreign Investment and Digital Approvals

India received USD 843 billion in foreign direct investment between FY 2014–15 and FY 2025–26. Annual FDI inflows reached a record USD 94.53 billion in FY 2025–26. The National Single Window System had cumulatively approved 829,750 of 1,175,435 applications by 20 November 2025. India’s ranking in the World Bank’s Ease of Doing Business Report improved from 142nd in 2014 to 63rd in 2019.

Important Facts for Exams

:

• DPIIT functions under the Ministry of Commerce and Industry.
• The Jan Vishwas (Amendment of Provisions) Bill, 2025, was introduced in the Lok Sabha.
• The National Single Window System provides a digital route for business-related approvals.
• FDI is investment by a non-resident entity in the equity or capital of an enterprise in another country.

The 2025 Bill covers 16 Central Acts administered by 10 Ministries and Departments. The World Bank’s cited Ease of Doing Business ranking for India rose from 142nd in 2014 to 63rd in 2019.