What is the importance of consumer protection act, 1986 ?
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Importance of Consumer Protection
Importance of Consumer ProtectionI. Importance from Consumer Point of View
Importance of Consumer ProtectionI. Importance from Consumer Point of View Consumer Ignorance: Consumer when seeing it from their point of view then we have gathered some aspects to it. Of which, Consumer Ignorance needs to be taken care of they should know how to exercise their rights and how to seek reliefs.
Importance of Consumer ProtectionI. Importance from Consumer Point of View Consumer Ignorance: Consumer when seeing it from their point of view then we have gathered some aspects to it. Of which, Consumer Ignorance needs to be taken care of they should know how to exercise their rights and how to seek reliefs.Unorganised Consumer: We need a Consumer Organisation which can unify the consumers and help them seek relief with their consumer issues.
Importance of Consumer ProtectionI. Importance from Consumer Point of View Consumer Ignorance: Consumer when seeing it from their point of view then we have gathered some aspects to it. Of which, Consumer Ignorance needs to be taken care of they should know how to exercise their rights and how to seek reliefs.Unorganised Consumer: We need a Consumer Organisation which can unify the consumers and help them seek relief with their consumer issues.Widespread Exploitation of Consumer: Consumer is been exploited through the ways of adulteration, false practice, fake weights, incomplete information on packaged products, Misleading Advertisements. For instance, there are many products that claim to make you fair or reduce your weight but when you use the products it does not provide what is promised.
Importance of consumer protection act 1986:
The Act empowers the consumers to fight against the malpractices of the seller. It helps in empowering every single consumer and makes it a market. In the earlier times, it was mostly the domination of the sellers in the market and the consumer had no channel to highlight their issues and problems which have changed radically after the implementation of this Act. There are penalties that can be imposed by the Consumer Courts on the seller ranging from ₹ 10,000 to ₹ 1,00,00,000 depending on the case.
