Inside Financial Markets

Govt urged to enforce consumer protection law

With people continuously cheated by various establishments, a non-governmental organisation has urged the government to enforce consumer protection laws in the capital.

The Centre for Peace and Development Initiatives (CPDI), expressing concerns over the extended delay in establishing a Consumer Protection Council in the capital, has urged the government to implement the Islamabad Consumers Protection Act 1995.

CPDI Executive Director Amer Ejaz, in a statement issued on Monday, said that under the law, the federal government was supposed to establish a CPC, for determining, promoting and protecting the rights of consumers.

However, he pointed out that the government has failed to do so despite the passage of 22 years since the law was adopted.  “The delay speaks volumes of the government’s lack of interest in the rights of consumers, though it is responsible for ensuring that businesses follow ethical practices,” he stated.

Baqar Hussain

A Wannabe CFO, just had stepped in the corporate sector, willing to explore every aspect here and learn as mush as i can, awareness for those who dont, get the info where ever possible and stay up to date always.

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

The Canadian Securities Institute


CSI is part of Moody's Analytics Learning Solutions, which offers educational programs and credentials throughout the world.

Email Newsletter

Subscribe to receive inspiration, news, and ideas in your inbox.

Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)