CURRENT AFFAIRS

Detailed explanation-1: -The Consumer Protection Bill, 2019 was introduced in Lok Sabha by the Minister of Consumer Affairs, Food and Public Distribution, Mr. Ram Vilas Paswan on July 8, 2019. The Bill replaces the Consumer Protection Act, 1986.

Detailed explanation-2: -When was Consumer Protection Act 2019 enacted? The Consumer Protection Act 2019 was notified on August 9th 2019. However, it came into effect from July 20th 2020. 2.

Detailed explanation-3: -Under Consumer Protection Act 1986, the State Commission was composed of one president and two other members. Under Consumer Protection Act 2019, the State Commission is composed of one president and four other members.

Detailed explanation-4: -The Consumer Protection Act, 2019 was introduced to replace the Consumer Protection Act, 1986. The new Act contains various provisions which incorporate the challenges faced by modern and technology-dependent consumers.

Detailed explanation-5: -The 2019 Act varies from the 1986 in multiple ways viz., widening the scope by dealing with 3 more unfair trade practices, E-commerce, Product liability, Unfair Contracts ; by introducing a new regulatory body named Central Consumer Protection Authority and by making the already existing penalties more stricter.