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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.
Six Basic Rights Of Consumers:
  • 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