Contact Your Financial Adviser Money Making MC
17
July 2017
The
Consumer Protection Bill, 2017, which aims at strengthening the consumer
protection mechanism, is set to be introduced during the monsoon session of
Parliament.
The new
law, which will replace current Consumer Protection Act, 1986, once it is
passed in Parliament, enforces consumer rights and provides a mechanism for
redressal of complaints regarding defect in goods and deficiency in services. The Total Investment & Insurance
Solutions
According
to an official, the draft Bill is pending with the Standing Committee on Food
and Consumer Affairs. The Total
Investment & Insurance Solutions
"Once
the committee approves the draft Bill, it will go to the Cabinet. Subsequently,
the government can introduce it in Parliament," said the official, who did
not want to be identified.
The
official added that the main objective of the Bill remains establishment of
mechanism for consumer protection. However, details about the quantum of
punishment are not clear yet.
It
proposes to have Consumer Dispute Redressal Commissions, which will be set up
at the district, state and national levels. Also, it seeks formation of
Consumer Protection Authority to investigate consumer complaints. The Total Investment & Insurance
Solutions
A few
months ago, Consumer Affairs Minister Ram Vilas Paswan had approved guidelines
in accordance with the current Act in order to make service charge in
restaurants "voluntary". The
Total Investment & Insurance Solutions
No comments:
Post a Comment