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India is setting up an extensive mechanism to ensure speedy, affordable and timely delivery of justice to consumers

Capital Market 

has drafted new Consumer Protection Bill through extensive stakeholder consultation and study of best practices across the world. While drafting the Bill, special emphasis has been made to ensure simplicity, speed, access, affordability and timely delivery of justice. In true sense it is a futuristic bill and a great transformative step towards strengthening consumer protection and giving a clear message by the Prime Minister Mr. Narendra Modi that 'Consumer is the King'.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 19 2016. 13:31 IST
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