DPIIT Advances Trust-Based Governance to Ease Business Regulations Across India
- IBEF
- October 28, 2026
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, is advancing trust-based governance through reforms aimed at reducing compliance requirements, simplifying regulatory approvals, supporting startups and attracting investment. The government has reduced 47,957 compliance requirements across Central Ministries, States and Union Territories, including 22,290 digitized, 16,141 simplified, 5,255 decriminalized and 4,271 eliminated requirements. Under the Jan Vishwas Acts, 900 provisions of Central laws have been decriminalized, comprising 183 provisions across 42 Acts in 2023 and 717 provisions across 79 Acts in 2026. These measures seek to reduce the regulatory burden on businesses and simplify compliance.
Under the Startup India initiative, DPIIT has recognized 2,50,046 startups, which have reported generating more than 25.42 lakh jobs across over 770 districts. Around 52% of recognized startups are based in non-metro cities, while 48% have at least one-woman director. Under the Credit Guarantee Scheme for Startups, 532 loans worth Rs. 1,662.71 crore (US$ 174.93 million) have received guarantees. The maximum guarantee cover per borrower has increased from Rs. 10 crore (US$ 1.05 million) to Rs. 20 crore (US$ 2.10 million), while the annual fee has been reduced to 1% for 27 Champion Sectors. India received Rs. 80.12 lakh crore (US$ 843 billion) in foreign direct investment (FDI) between FY15 and FY26, 169% higher than the Rs. 29.75 lakh crore (US$ 313 billion) recorded in the preceding 12 years. Annual FDI inflows reached a record Rs. 8.35 lakh crore (US$ 94.53 billion) in FY26. The National Single Window System (NSWS) has received 15,49,850 applications, registered 5,76,778 businesses and delivered more than 8.5 lakh approvals. The platform offers 3,779 services, comprising 327 Central and 3,452 State services, and integrates 34 States and Union Territories with 32 Central Ministries and Departments, helping businesses identify the approvals required to establish and operate their ventures.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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