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Dept for Promotion of Industry and Internal Trade reviews 11 acts within its ambit

“A review is on of all the acts that fall within the ambit of the department. Our aim is to decriminalise those provisions that have harsh punishments,” a senior government official told ET. The DPIIT has asked industry for inputs on regulations that have provisions for imprisonment for minor offences.
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10 Sep 2020 2 Mins Read 0 comment
Other ministries and departments are also examining criminal provisions under laws they administer. Agencies
Other ministries and departments are also examining criminal provisions under laws they administer.
New Delhi: India could introduce hefty monetary penalties instead of imprisonment for many violations under 11 laws including the Patents Act, Copyright Act and Explosives Act to improve business sentiment and ease the burden on the legal system. The Department for Promotion of Industry and Internal Trade has started discussions to decriminalise about 50 provisions under the 11 Acts that
and renewal. According to World Bank’s Doing Business Report 2020, it takes 1,445 days for a company in India to resolve a commercial dispute through a local first-instance court, almost three times as long as the average time in high-income economies. India’s position in the Ease of Doing Business Rankings for 2020 improved 14 places to 63 among 190 countries.
New Delhi: India could introduce hefty monetary penalties instead of imprisonment for many violations under 11 laws including the Patents Act, Copyright Act and Explosives Act to improve business sentiment and ease the burden on the legal system. The Department for Promotion of Industry and Internal Trade has started discussions to decriminalise about 50 provisions under the 11 Acts that and renewal. According to World Bank’s Doing Business Report 2020, it takes 1,445 days for a company in India to resolve a commercial dispute through a local first-instance court, almost three times as long as the average time in high-income economies. India’s position in the Ease of Doing Business Rankings for 2020 improved 14 places to 63 among 190 countries.

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