Understanding MRP: Maximum Retail Price Explained What is MRP? Maximum Retail Price (MRP) refers to the highest price that can be charged for a product as mandated by law in India. This pricing mechanism is designed to protect consumers from exorbitant pricing by retailers. MRP is printed on the packaging of products, making it easy…
National Consumer Rights Day 2023: Upholding Consumer Empowerment The celebration of National Consumer Rights Day on December 24th in India commemorates the enactment of the Consumer Protection Act, 1986. This annual event reaffirms the significance of consumer rights and educates citizens about their entitlements. Amidst the evolving market dynamics, the observance of this day serves…
World Consumer Rights Day is celebrated on March 15 every year to raise awareness about consumer rights and highlight the need for consumer protection. It was first observed in 1983, and since then, it has become an important day for consumers and consumer organizations around the world. This year, World Consumer Rights Day will be…
