Lucknow, Feb. 13 -- In a significant reform aimed at improving the business climate, the Uttar Pradesh government has announced the introduction of a 'Jan Vishwas Siddhant' (Public Trust Principle) for industries in its Budget presented yesterday. The move marks a shift from a control-oriented regulatory regime to a trust-based framework designed to reduce compliance burden and encourage investment.

The reform comes as part of the state's broader effort to position Uttar Pradesh as an industry-friendly destination, building on recent initiatives focused on infrastructure expansion, digital governance and investment promotion. The Budget underscores the government's intent to move from enforcement-heavy regulation to facilitation-led gove...