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Market Watch. Pinterest Reddit. By Shipra Singh. Getty Images. Consumers can cheer as the Consumer Protection Act, has recently replaced the three decade old Consumer Protection Act, The new Act proposes a slew of measures and tightens the existing rules to further safeguard consumer rights.
Introduction of a central regulator, strict penalties for misleading advertisements and guidelines for e-commerce and electronic service providers are some of the key highlights. On 21 June , the government of India issued an ordinance-to amend the Consumer Protection Act, giving more rights to the consumer and the Forums.
The majority of the consumers in our country are in a pathetic plight. They are often forced to buy adulterated provisions.
These are not properly weighed or measured. According to the Malta Committee, inaccurate weights and measures bring about a loss of Rs. The farmers incur a loss of Rs.
By under-weighing atone, the consumers lose Rs. At times, bills are not issued to the consumers. Very often, the prices marked on the products and those mentioned in the bills do not match. Old stock is sold at new prices.
Glittering advertisements hoodwink the consumers. The consumers themselves should take the initiative to form Vigilance Committees in very village. All goods and services, including telecom and housing construction, and all modes of transactions online, teleshopping, etc. Unfair Trade Practices. Includes six types of such practices, like false representation, misleading advertisements. Adds three types of practices to the list: i failure to issue a bill or receipt; ii refusal to accept a good returned within 30 days; and iii disclosure of personal information given in confidence.
No provision. Claim for product liability can be made against the manufacturer, service provider, and seller.
Compensation can be obtained by proving one of the several specified conditions in the Bill. Pecuniary jurisdiction of Commissions. District: Up to Rs 20 lakh. State: Between Rs 20 lakh and up to Rs one crore.
In this essay we will discuss about the need for consumer protection. Consumer protection was not necessary when the world was younger and communities. Consumer Protection in India Last modified: 02/02/18 Author: Law student This is not an example of the work produced by our Law Essay Writing Service.