New consumer protection bill ,2017 has been prepared by consumer affairs ministry and hopefully it will be introduced in the current monsoon session of parliament.
The consumer affairs ministry accepted the recommendations and with total of around 80 amendment sent the bill to law ministry which advised the consumer affairs ministry to draft a whole new consumer protection bill.
As such new consumer protection bill,2017 has been drafted by ministry and is currently with the standing committee of food and consumer affairs.
Once the standing committee clears the bill it will then go to cabinet and finally after cabinet approves it the government can introduce the bill in Parliament.
The bill will replace the old consumer protection act,1986 and it will be a more comprehensive one.
The consumer protection act,1986 is not meaningful in the current time for enforcing consumer rights and consumer protection.
As such need for a new consumer protection bill was felt and a new bill was drafted in 2015 and now in 2017.
The delay in new consumer protection act shows the government seriousness towards a important issue of consumer protection.
The new consumer protection bill really empowers the consumers and is a more comprehensive one covering vast and important areas.
The new bill will provide an efficient mechanism for redressal of consumer grievances,provide time bound justice,protect consumer against e-commerce malpractices, misleading advertisements,enforce consumer rights etc.
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