Consumer Issues
Misleading ads: Consumer affairs department, industry bodies to team up
New Delhi : To protect the rights of consumers against misleading advertisements, fake and counterfeit products, the consumer affairs department will enter into a partnership with industry associations.
 
A Memorandum of Understanding (MoU) in this regard will be signed on Tuesday in the presence of Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan, official sources said on Monday.
 
Industry associations Assocham, Confederation of Indian Industry (CII), Dalit Indian Chamber of Commerce and Industry (DICCI), Federation of Indian Chambers of Commerce and Industry (FICCI) and PHD Chamber of Commerce and Industry will enter into a partnership on consumer advocacy, sources said.
 
The MoU will broadly cover the collaborative programmes on developing and implementing a self-regulated code of fair business practices, establishing a consumer affairs division within the industry body.
 
The move will ensure partnering with the the National Consumer Helpline and state consumer helplines for grievance redressal among other things.
 
A Joint Working Group will monitor the implementation of agenda, sources said.
 
The consumer affairs department will also celebrate the World Consumer Rights Day 2016 on Tuesday.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

Prabhu Krishnamachari

1 year ago

What about large corporates like Mahindra not owning up to defective vehicles / products. They do this in India but won't dare do it in developed countries or Middle East where the laws are very tough especially related to customer safety.

Here in India, M&M can without any fear state that their XUV is not defective even though it visited their workshop 17 times (without being in any accident) for correcting various issues & replacing critical parts like turbo charger, steering block, others and then the brakes of the XUV fail completely & suddenly without warning putting it's occupants at grave risk of life. Luckily due to being at only 20 kmph the occupants survived without any injury or worse.

Now Mahindra refuses to acknowledge that their vehicle is not defective and wants the customer to use the same vehicle.

ED attaches Bhujbal's sugar mill, land in Nashik
Mumbai : The Enforcement Directorate (ED) on Monday attached a sugar mill and 290 acres of land in Nashik worth Rs.55 crore in connection with the money laundering cases filed against NCP leader Chhagan Bhujbal, his family and others, official sources said here.
 
The provisional attachment orders for the two properties -- Girna Sugar Mill and an adjacent plot in a prime area in Nashik -- owned by Bhujbals' firm Armstrong Infrastructure, has given an estimated value of around Rs.55 crores.
 
While the mill was bought over by the Bhujbal firm at an allegedly gross undervaluation of Rs.27 crore as part of an auction by the Debts Recovery Tribunal in 2010, it is suspsected that funds generated out of money laundering were used to to buy over these assets.
 
Earlier, the ED had attached movable and immovable assets linked with the Bhujbal family, including land and buildings in Mumbai worth around Rs.280 crore.
 
Bhujbal was arrested last week and is currently in judicial custody till March 31, while his nephew Samir Bhujbal was arrested in February and continues to be in judicial custody now.
 
The arrests followed two FIRs lodged against Bhujbal, son Pankaj, nephew Samir and others in connection with money-laundering cases and probing irregularities in the construction of the Maharashtra Sadan in New Delhi and Kalina land grabbing cases.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Vacate interim stay on FDC drugs: Government to HC
New Delhi : The central government on Monday asked the Delhi High Court to vacate the interim stay on ban on some fixed dose combinations (FDC) medicines sold by pharma majors saying they "endanger patient safety".
 
Defending its decision to ban 344 FDC medicines through its March 10 notification, the government in an affidavit filed before the high court said: "The interim order granted to the Petitioner (pharma companies) would be against the public interest and endanger patient safety."
 
"Their objective is only to gain profits and the petition has been filed only to gain time and obstruct the legitimate functions of the government of India," the affidavit read.
 
Meanwhile, the Delhi high court on Monday deferred, to March 28, the hearing on pleas of pharma companies challenging the ban which means some of popular durgs such as Pfizer's Corex cough syrup, Reckitt's D'Cold and P&G's Vicks Action 500 extra will be available to consumer till next Monday.
 
Justice R.S. Endlaw also directed the government to provide the experts committee report, which recommended the ban, to all the pharma companies that are in court against the ban.
 
The high court had last week stayed operation of the ban on some FDC drugs of around 30 pharma companies including Cipla, Procter and Gamble (P&G), Pfizer, Glenmark, Glaxo Smithkline, Abbott Healthcare, Reckitt Benckiser, Piramal, etc.
 
Justice Ednlaw had asked the government not to take coercive steps against these companies till March 21.
 
In its affidavit, the government said FDC medicines are "new drugs" and require fresh licence from Drugs Controller General of India (DCGI). It said licences for FDCs were obtained from state authorities without seeking DCGI approval between 1988 to 2012.
 
A report of Parliamentary Standing Committee on health had said unauthorised FDCs that posed a risk to people need to be withdrawn immediately, the government said.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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