The Union Consumer Affairs Ministry has released self-regulation Code of ethical business conduct to be adopted by the Industry on providing best products & services. In this regard, Memoranda of Understanding (MoU) was inked between Department of Consumer Affairs and the industry bodies related to self-regulated code of fair business.
The code contains provision of trustworthy products & services for the consumers, comply with the competition and anti trust laws and respond to consumer complaints promptly.
It covers 6 broad principles to be adopted by the industry viz (i) safety of products & services, (ii) building sustainable supply chains, (iii) marketing products ethically, (iv) non indulgence in unfair trade practices, (v) complying with competition and anti trust laws, (vi) prompt response to consumer complaints.
Union Consumer Affairs Ministry releases self-regulation Code of ethical business conduct for industry
No comments:
Post a Comment