Explain about COPRA. in economics
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Consumers Protection Act 1986 was passed by the parliament in 1986 and came into force with effect from July 1 1987 for the protection of the consumers from unscrupulous producers and dishonest traders.
Its features:
Applies to all goods and services unless specifically exempted by the union government.
i). Covers all the sectors whether private, public or cooperative.
ii). Provisions of the Act are compensatory in nature.
iii). Enshrines the consumer’s right.
iv). Empower consumers seeking discontinuances of certain unfair and restrictive trade practices, defects or deficiencies in services, and stopping in services, or withdrawal of hazardous goods from the market.
hope it helped you
Its features:
Applies to all goods and services unless specifically exempted by the union government.
i). Covers all the sectors whether private, public or cooperative.
ii). Provisions of the Act are compensatory in nature.
iii). Enshrines the consumer’s right.
iv). Empower consumers seeking discontinuances of certain unfair and restrictive trade practices, defects or deficiencies in services, and stopping in services, or withdrawal of hazardous goods from the market.
hope it helped you
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copra act 24 Dec 1986
consumer court were made
District=up to 20 lakh
sate= 20lac to 1 crore
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