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Consumer Protection Act, 2019- Key Highlights

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The Digital Age has directed in a new era of commerce and digital branding, as well as a new set of customer expectations. Digitization  has provided easy access, a large variety of choice, convenient payment mechanisms, improved services and shopping as per convenience. However, along the growth path it also brought in challenges related to consumer protection. Keeping this in mind and to address the new set of challenges faced by consumers in the digital age, the Indian Parliament, on 6 August 2019, passed the landmark Consumer Protection Bill, 2019 which aims to provide the timely and effective administration and settlement of consumer disputes. The Consumer Protection Act, 2019 (New Act) received the assent of the President of India and was published in the official gazette on 9 August 2019. The  New  Consumer Protection Act, 2019  came into force on 20th July 2020 and it will empower consumers and help them in protecting their rights through its...

Nirmala Sitharaman speech highlights: Third tranche offers Support to farmers along with Governance Reforms

FM Nirmala Sitharaman announced the third tranche of the mammoth Rs 20 lakh crore stimulus package today. The eleven measures announced today dealt with upgrading farm infrastructure, animal husbandry & fisheries and governance reforms. The finance minister said that the three tranches of stimulus announced so far is aimed at empowering people to help them become self-sufficient and earn livelihoods. The finance minister, flanked by MoS Anurag Thakur and secretaries in the finance ministry, started her daily rounds of press conference from Wednesday unveiling the Modi government's mega Covid stimulus of Rs 20 lakh crore. During her first interaction on Wednesday she focussed on the MSME sector, NBFCs and power discoms. India Inc welcomed the measures announced for the beleaguered MSME sector saying that they will mitigate the pain and help in saving jobs. The second set of relief measures were announced on Thursday particularly aimed at migrant wor...