Last week, the Lok Sabha passed the Jan Vishwas (Amendment of Provisions) Bill. The Rajya Sabha is also likely to give its assent to the Bill soon. According to the Press Information Bureau release, the Bill aims to further boost the ease of living and ease of doing business by proposing to amend 183 provisions to decriminalise 42 Central Acts administered by 19 ministries.
When this Bill becomes a law, it will make life easier for entrepreneurs in several businesses, the pharmaceutical industry being one of them. Some of the changes in the Drugs & Cosmetics (D&C) Act due to
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