National Consumer Rights Day 2023: Understanding consumer rights remains pivotal in today's market landscape. While marketplaces ideally operate on ethical principles, consumers may face exploitation without adequate awareness of their rights. Recognising and exercising these rights promotes fair trade and safeguards consumers from potential pitfalls. Government initiatives consistently highlight the importance of consumer rights, aiming to educate and empower citizens for informed decision-making.
National Consumer Rights Day Date:
Every year, National Consumer Rights Day is celebrated on December 24. This year, National Consumer Rights Day falls on a Sunday.
National Consumer Rights Day History:
In 1986, the Consumer Protection Act was passed and received the assent of the President on December 24. Since then, National Consumer Rights Day has been celebrated on this day to commemorate the occasion. The Consumer Protection Act acts to protect consumers from defective goods, negligent services, and unfair trade practices. The six fundamental rights of the Consumer Protection Act are the Right to safety, the Right to choose, the Right to be informed, the Right to be heard, the Right to seek redressal, and the Right to consumer education.
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National Consumer Rights Day Significance:
National Consumer Rights Day is often confused with World Consumer Rights Day which is celebrated every year on March 15. While the aim stays the same, National Consumer Rights Day is celebrated on a national level, and World Consumer Rights Day is observed on a global level. National Consumer Rights Day aims to educate the consumers about their rights and help them to gain maximum benefits, all the while ensuring that they are not exploited. It also educates them to take action against unfair trade practices.