Govt to set up deregulation commission to further reduce State's role in governance: PM Modi

PM Modi announces Jan Vishwas 2.0 to reduce archaic compliances, promote ease of doing business, and establish a Regulation Commission.

Prime Minister Narendra Modi on Saturday (February 16, 2025) said the government will constitute a deregulation commission to further reduce the role of the state in all spheres of governance.

Speaking at an event, PM Modi said the government has ended hundreds of compliances and now through Jan Vishwas 2.0, more archaic compliances are being reduced to promote ease of doing business.

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"It is my conviction that there should be less interference of the government in the society. For this, the government is also going to constitute a Regulation Commission," he said.

The NDA government through its policies have been able to replace 'Fear of Business' with 'Ease of Doing Business', he said.

Acknowledging that the role of the private sector is very important in the journey for Viksit Bharat, he said the government has opened many new sectors including nuclear energy, space, commercial mining and power distribution for investment and bring in efficiency.

He exuded confidence that India will be an active participant in the fourth industrial revolution and take a lead role in that.