“Today we are in the process of enacting a new Consumer Protection Act keeping in view business practices and requirements of the country. A Central Consumer Protection Authority with executive powers will be constituted for quick remedial action,” he added. The government is coming up with this new law, replacing the Consumer Protection Act 1986, which will incorporate the revised 2015 UN guidelines on consumer protection. Moving beyond Consumer Protection, New India will have Best Consumer Practices and Consumer Prosperity,” Modi said. Stating that the scope of Consumer Protection is very broad in the vision of the government, Modi said: “Development of any country and consumer protection are complementary.

Source: Mint October 26, 2017 06:33 UTC