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Consumer protection in line with New India mission : PM Modi

Consumer protection in line with New India mission : PM Modi

| @indiablooms | 26 Oct 2017, 03:45 pm
New Delhi, Oct 26 (IBNS) : Prime Minister Narendra Modi on Thursday said his government's priority to consumer protection is in line with the 'New India' mission and this will lead to consumer prosperity ahead.

Speaking at the inauguration of International Conference of Consumer Protection in Delhi, the PM said the Government has been able to keep  inflation under check in the last three years, thereby ensuring  savings for consumers.

He said the Government is preparing to enact a new Consumer Protection Act which will strengthen the guidelines on misleading advertisements.

“Consumer protection in an inseparable part of governance. Our vedas have an extensive mention of consumer protection,” Modi said.

Modi said the Goods and Services Tax (GST) will boost competition between companies and bring down the prices of goods.

“GST will boost competition between companies, which will decrease prices of goods, in turn, benefiting poor and middle-class consumers,” he said.

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