competition success magazine

competition success magazine
competition success magazine

Friday, June 17, 2022

civil services chronicle magazine

civil services chronicle magazine

civil services chronicle magazine Published this article page no     148 CONSUMER PROTECTION (JURISDICTION OF THE DISTRICT COMMISSION THE STATE COMMISSION AND THE NATIONAL COMMISSION) RULES 2021Ministry of Consumer Affairs notified the rules under provision Consumer Protection Act (CPA) 2019. o Decision was taken as the existing provisions related to pecuniary jurisdiction was causing rise in pendency and delay in disposal of cases.CPA 2019 aims to protect the rights of consumers by establishing authorities for timely and effective administration and settlement of consumers dispute. It replaces CPA 1986. o CPA 2019 provides a threetier quasijudicial mechanism for redressal of disputesdistrict state and national commission. o It also stipulates the pecuniary jurisdiction of each tier of consumer commission. Commissions Jurisdiction under existing provisions New pecuniary jurisdiction District Up to ₹1 crore Upto 50 lakh rupees State Between ₹1 crore and ₹10 crore Between 50 lakh rupees and up to ₹2 crore National Above ₹10 crore Above₹2 croreMechanism provided under CPA 2019 for settling consumer disputes o Deciding complaint within three months if complaint does not require analysis or testing of commodities and within 5 months if it requires analysis or testing. o Option of filing complaint electronically through EDaakhil Portal. o Option of resolving disputes through mediation. NATIONAL STRATEGY ON BLOCKCHAIN Why in news? National Strategy on Blockchain has been formulated by the Ministry of Electronics & Information Technology (MeitY). Blockchain Technology OverviewBlockchain is a distributed or decentralised ledger technology which was first introduced in the design and development of cryptocurrency Bitcoin in 2009 by Satoshi Nakamoto civil services chronicle magazine buy.


civil services chronicle magazine

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