Lok Sabha Passes Consumer Protection Bill

The Lok Sabha passed the Consumer Protection Bill, 2018 that seeks to replace the Consumer Protection Act, 1986. The Bill enforces consumer rights and provides a mechanism for redressal of complaints regarding deficiencies in goods and services.

It seeks to establish Consumer Disputes Redressal Commissions at District, State and National levels. The district Commissions are authorised to look into complaints involving claims worth one crore rupees, which was 20 lakh rupees earlier.

Source- DD News

Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:

  • Minister for Consumer Affairs, Food and Public Distribution is Mr Ram Vilas Paswan.

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