World Consumer Rights Day-15 march 2024

World Consumer Rights Day-15 march

History of World Consumer Rights Day:

  • World Consumer Rights Day is observed annually on March 15 to ensure consumers have necessary information for informed decisions.
  • Created and organized by Consumers International, a global federation of consumer organizations founded in 1960.
  • Celebrated since 1983, honoring President Kennedy’s 1962 speech that coined the four fundamental consumer rights.
  • Past themes include ‘Tackling Plastic Pollution,’ highlighting sustainable consumption.

World Consumer Rights Day Timeline:

  • 1960: Consumers International founded by Elizabeth Schadee.
  • 1962: President Kennedy formulates four fundamental consumer rights.
  • 1983: First World Consumer Rights Day celebrate.
  • 1985: United Nations approves general guidelines for consumer protection.

World Consumer Rights Day 2024 Theme: ‘Fair and Responsible AI for Consumers’

  • Focuses on AI’s impact on consumer rights, advocating for fair and ethical business practices.
  • Aims to address concerns like privacy breaches, misinformation, and biased AI practices.

Significance of World Consumer Rights Day:

  • Raises awareness about consumer rights, safeguarding against unfair practices.
  • Encourages consumer education and proactive measures against exploitation.

Consumer Rights:World Consumer Rights Day-15 march 

  1. Right to Safety: Protection from hazardous products, adherence to safety standards.
  2. Right to be Informed: Clear and accurate information about products and services.
  3. Right to Choose: Freedom to choose from a variety of products at fair prices.
  4. Right to be Heard: Voice concerns and complaints for fair resolution.
  5. Right to Seek Redressal: Seek compensation or redressal for violated rights.
  6. Right to Consumer Education: Knowledge and skills to navigate the marketplace effectively.

Key Points:World Consumer Rights Day-15 march 2024

  • World Consumer Rights Day observed on March 15 annually.
  • Aims to ensure consumer information for informed decisions.
  • Originated from President Kennedy’s 1962 speech.
  • Theme for 2024: ‘Fair and Responsible AI for Consumers.’
  • Consumers entitled to fundamental rights for safety, information, choice, redressal, and education.

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