National Consumer Day is observed every year on December 24 to spread awareness to about consumer importance, their rights, and responsibilities. Here are some interesting quotes by some famous people on Consumer’s importance.
Who is a consumer? Any single person or group of people, other than the buyer who buys the product or services, consumes the product by seeking his/her permission falls under the category of a consumer. In simpler words, the consumer can be defined as the end-user of the goods or services.
However to protect the rights of consumers and to ensure that the consumer’ are not subjected to market abuse or social injustice that may undermine their rights, every year Consumers Right Day is observed.
The Consumer Protection Act, 1986 is considered to be the ‘Magna Karta’ in the field of consumer protection to keep a check on the unfair trade practices. Following this, a huge network of consumer forums and appellate courts were established across India for speedy and inexpensive settlements of consumer disputes. It also helped empower consumers to a large extent.