Consumer Protection Current Affairs

BND-4201: India’s first home-grown high purity gold reference standard launched

India Government Mint (IGM), a unit of Security Printing and Minting Corp of India Ltd has launched India’s first home-grown high purity gold reference standard –Bharatiya Nirdeshak Dravya (BND-4201). The BND-4201 is reference material for gold of ‘9999’ fineness (gold that is 99.99% pure with impurities of only 100 parts-per-million). It will be beneficial to Read More…

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First International Conference on Consumer Protection held in New Delhi

The First International Consumer Protection Conference on empowering consumers in new markets for South, South East and East Asian Countries was held in New Delhi from 26 to 27 October 2017. The theme of the conference was “Empowering Consumers in New Markets”. It was inaugurated by Prime Minister Narendra Modi. Key Facts The two day Read More…

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March 15: World Consumer Rights Day

The World Consumer Rights Day (WCRD) is celebrated every year on March 15 to pay solidarity with the international consumer movement and give more attention to promote basic rights of consumers. Significance of Day: It provides (i) an opportunity to promote the basic rights of all consumers (ii) demand those rights that must be respected Read More…

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GoM recommends heavy fine and ban on celebrities endorsing products in misleading ads

A high-level Group of Ministers (GoM) has approved imposing a heavy fine and ban on celebrities who endorse products making unrealistic and dodgy claims. The GoM headed by Union Finance Minister was tasked to look into the issue of Celebrity endrosement and recommendations of Standing Committee of the Parliament on the recently introduced The Consumer Read More…

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24th December: National Consumer Day

In India, 24th December is being observed as National Consumer Day. On this day the Consumer Protection Act, 1986 had received the assent of the President. The enactment of this Act was considered as a historic milestone in the consumer movement in the country. This Act aims to provide consumers with effective safeguards against different types Read More…

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