The Consumer Protection Bill, 2019 was introduced in Lok Sabha on 08 July, 2019. The bill aims at protecting the interests of consumers by establishing authorities for timely and effective administration and settlement of consumers’ dispute.
The Lok Sabha passed The Consumer Protection Bill, 2018 that would replace the 1986 Act. The bill enforces consumer rights and provides a mechanism for redressal of complaints regarding deficiencies in goods and services.
This new bill introduced in the Lok Sabha includes provision for fine and imprisonment for adulteration of products, compounding of offences and establishment of the Central Consumer Protection Authority. Celebrities endorsing misleading ads will have to pay penalty of up to Rs 50 lakh and serve a ban of up to three years says this which replaces replaces the Consumer Protection Act 1986.