CAIT urges government to take up Consumer Protection Bill in Monsoon Session
It said that the bill should also adequately address the long-standing problem of misleading and celebrity-driven endorsements, whereby celebrities should be held responsible for the products they endorse.July 15, 2017 | comments ( 0 ) |
Traders' body, CAIT has urged the government to take up the proposed Consumer Protection Bill in the Monsoon Session of Parliament, starting next week.
Confederation of All India Traders (CAIT) stated, "The passage of this bill is critical not only in terms of protection of consumer interests' but also to differentiate between the roles and responsibilities of small and genuine retailers."
It said that the bill should also adequately address the long-standing problem of misleading and celebrity-driven endorsements, whereby celebrities should be held responsible for the products they endorse.
It added, "There are about 6.3 crore traders in India and it is their demand that the proposed Consumer Protection Bill pending in Parliament for the past three sessions be immediately taken up on priority in the forthcoming session of Parliament."
It further said, "Engaging brand ambassadors for product promotions has become widely prevalent and consumers typically are guided (or misguided) by such endorsements, irrespective of the quality of the products on offer."
Framing of coherent and enforceable policy guidelines for brand ambassadors is the need of the hour and is an imperative for consumer protection, it said.
The government is revamping the consumer protection law to safeguard consumers in view of new challenges posed by e- commerce, direct selling and multi-level marketing sectors.
A new Consumer Protection Bill has been introduced in Parliament to repeal the 30-year-old Consumer Protection Act.
Quoting Ashim Sanyal, Chief Operating Officer, Consumer Voice, a voluntary consumer organisation, it added that the old law is not able to address most of the consumer grievances.
Pritee Shah, Chief General Manager, Consumer Education and Research Centre, said, "The new law if implemented, will not only put an end to unfair practices but would also enable the creation of powerful central consumer protection authority."
24 Nov 2015, Hotel Pullman, Aerocity, New Delhi.
Attend First global conference & master class on franchising.
GROW YOUR BRAND FRANCHISE >> REGISTER NOW!
- Virtuous Retail Bags $175 Million Of Additional Equity
- Motorola Launches Three Moto Hubs In kolkata
- Wal-Mart Share Rises In 3rd Quarter
- Diamond Producers Association Begins Its Operation In India
- Raymond Aims To Double Its Turnover To 1000 Crore In 3-4 Years
- New York's Luxury Brand COACH Opens At IGI Airport
- ShopClues Launches Electronic Label Digimate
- Paytm Partners with ICICI Bank For Quick Credit
- Rural FMCG Market To reach $220 Billion By 2025
- BIBA Opens Its New Store In Ghittorni