NEW DELHI: Prime Minister Narendra Modi on Thursday wired that "consumer protection" was in line with the federal government's unravel of establishing a 'New India.'
"The government prioritising consumer protection is in line with our resolve of New India, we'll change it to consumer prosperity on the way ahead," mentioned PM Modi at the International Conference on Consumer Protection for East, South & South-East Countries in New Delhi.
He added that a new consumer protection act was in the making, which might lay out stricter pointers on ads, to verify people aren't misled.
In his deal with at the convention, which saw participation from 24 countries, the PM credited the brand new Goods and Services tax (GST) regime, for giving the country "a new business culture."
He assured the folk that poor and heart elegance consumers will be the greatest winners as a result of the reform.
"GST will boost competition between companies, which will decrease prices of goods, in turn benefiting poor & middle class consumers," he mentioned.
"In any business consumer satisfaction is of utmost importance."
Modi praised his government for ensuring "inflation was kept in check and the consumer saves money."
The PM harked back to the Vedas, announcing that the "Atharv Veda talks about fair trade practices."
(With inputs from businesses)
"The government prioritising consumer protection is in line with our resolve of New India, we'll change it to consumer prosperity on the way ahead," mentioned PM Modi at the International Conference on Consumer Protection for East, South & South-East Countries in New Delhi.
He added that a new consumer protection act was in the making, which might lay out stricter pointers on ads, to verify people aren't misled.
In his deal with at the convention, which saw participation from 24 countries, the PM credited the brand new Goods and Services tax (GST) regime, for giving the country "a new business culture."
He assured the folk that poor and heart elegance consumers will be the greatest winners as a result of the reform.
"GST will boost competition between companies, which will decrease prices of goods, in turn benefiting poor & middle class consumers," he mentioned.
"In any business consumer satisfaction is of utmost importance."
Modi praised his government for ensuring "inflation was kept in check and the consumer saves money."
The PM harked back to the Vedas, announcing that the "Atharv Veda talks about fair trade practices."
(With inputs from businesses)
Consumer protection a must for creation of 'New India': PM Modi
![Consumer protection a must for creation of 'New India': PM Modi]()
Reviewed by Kailash
on
October 26, 2017
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