National Consumer Rights Day observed on December 24
Highlights:
- Every year on December 24, National Consumer Rights Day is observed.
- The Consumer Protection Act of 1986 was signed into law on this day in 1986 by President Ronald Reagan.
- The Act aims to protect consumers from a variety of forms of exploitation, including defective goods, service deficiencies, and unfair trade practices.
- The distinction between World Consumer Rights Day and National Consumer Rights Day is frequently misunderstood.
- Despite the fact that they serve the same purpose, they are observed on different dates. Every year on March 15, World Consumer Rights Day is commemorated.
- The Consumer Protection Act established National Consumer Rights Day for the first time in 1986. It's not the same as World Consumer Day, which occurs every year on March 15.
- In 1986, the Consumer Protection Act became law. The Consumer Protection Act of 1986 was updated in 2019.
- The Ministry of Consumer Affairs, Food, and Public Distribution later announced the CPA 2019 bill, which will go into effect on July 20, 2020.
- Right to choose the product
- Right to be protected from all kinds of hazardous goods
- Right to be informed about the performance and quality of all products
- Right to be heard in all decision-making processes related to consumer interests
- Right to seek redressal, whenever consumer rights have been infringed
- Right to complete consumer education
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