The India Story| What is Jan Vishwas Bill 2023?

Updated : Aug 04, 2023 22:19
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Editorji News Desk

The Indian Parliament has passed the Jan Vishwas Bill to ease business operations. This new law removes criminal punishment for minor offenses and replaces fines with penalties with an aim to reduce stress on businesses and courts. With India hoping to attract more investors and simplify operations for companies, how will this new law enhance the ease of doing business? Can it improve India's investment reputation internationally? Find out this week as Vikram Chandra speaks with Gautam Chikermane, senior journalist and author of 'Jailed for Doing Business.'

The Indian IT industry has faced a turbulent period, with shares across the sector declining due to macroeconomic uncertainties stemming from the U.S. and European banking crisis, coupled with global inflation and rising interest rates. Clients are cutting costs, leading to reduced demand for IT services, impacting deals and project timelines. Although green shoots of recovery are visible as the interest rate cycle may end, experts predict continued challenges for the sector in the short to medium term. Meanwhile, the artificial intelligence disruption is also something that the industry is still coming to terms with. How will the IT industry navigate these hurdles and take advantage of the Gen AI potential? Watch Nitin Rakesh, CEO, Mphasis talk exclusively on The India Story, and special conversation with Minnu Mani, India’s first woman cricketer from Kerala on her remarkable journey from paddy fields to the international cricket arena. 

 

INDIA

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