Guidelines on misleading ads will be stricter to protect consumers: PM Modi

Opposition to observe DeMo anniversary on Nov 8 as black day

Opposition to observe DeMo anniversary on Nov 8 as black day

"Today we are in the process of enacting a new Consumer Protection Act keeping in view business practices and requirements of the country". "Consumer empowerment will be major part of it and guidelines on misleading ads will be stricter", he said.

"Consumers' protection is this government's priority". "New Consumer Protection Act is being made and consumer empowerment will be major part of it. Guidelines on misleading ads will be stricter", Modi said while speaking at the worldwide conference on consumer protection in Delhi.

Narendra Modi mentioned about consumer protection is also one of the main motives of the Government.

The two-day conference is based on theme "Empowering Consumers in New Markets" against the backdrop of the new United Nations guidelines on consumer protection calling for greater global cooperation, and will provide a platform to discuss and deliberate upon different aspects of consumer protection.

PM Narendra Modi said the concept of consumer protection in India was centuries old.

He highlighted that the government in the last three years has launched many programmes like new real estate law, new BIS Act, UJJWALA scheme, DBT (direct benefit transfer) that would not only empower consumers but result in huge savings.

PM Narendra Modi then went on to talk about the new tax regime, GST, that has been initiated in the country and said, "GST will boost competition b/w companies, which will decrease prices of goods, in turn, benefiting poor & middle-class consumers". "Due to GST, various indirect and hidden taxes have ceased to exist. The biggest beneficiaries of GST will be the consumers, middle class".

During his address, he also spoke about the slowing economy, ensuring that the government is making efforts to keep a check on the growing inflation in the economy. He added, "The Government has devoted effort and resources towards digital empowerment of the rural consumer".

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