Thu, Apr 27, 2017 | updated 02:59 AM IST

Stringent law on misleading celeb endorsements, says Ram Vilas Paswan

Updated: Oct 06, 2016 16:02 IST      
Stringent law on misleading celeb endorsements, says Ram Vilas Paswan

New Delhi [India], Oct 6 (ANI): For stricter law on celebrities endorsing misleading advertisements, a proposal to ban is being considered by consumer affairs Ministry, said Ram Vilas Paswan minister for Consumer Affairs at an ASSOCHAM event held in New Delhi today.

The government will soon bring in stringent laws to curb misleading advertisements and adulteration to guard the consumer's interest. New Consumer Protection bill will be passed in coming session of the parliament which will strengthen the Bureau of Indian Standards (BIS) and to check spurious products said Paswan at an ASSOCHAM National Summit and Awards on 'FMCG'.

Paswan also expressed worry over cheap Chinese goods flooding the market and said measures would be taken to check their rampant flow in the country.

He further mentioned that BIS has taken various initiatives under 'Make in India' for standard formulation which includes items which is substandard would be banned.

Chairing the ASSOCHAM meeting, the minister said BIS new Act is being amended comprehensively for the first ever after it being enacted in the year 1986. These amendments will empower the government to bring more products under mandatory certification and these products should have the ISI mark on it.

"Abroad, I have noticed even Indians do not wish to buy 'Made in India' products. There is an opinion set in the minds that developing countries do not manufacture good quality products. To change this attitude, our industry should comply with quality standards," said Paswan.

Paswan further said that due to poor standards followed while making products; India is lagging behind in the international market despite availability of talented people and cheap labour.

He said, the new consumer protection bill will be passed in coming session of the parliament. He further said that the standing committee has already examined the provisions relating to punishment for endorsing misleading advertisements and those involved in adulteration.

"Abroad and in the western world, people cannot imagine that there can be food adulteration. Here in India, we cannot imagine food without adulteration," he added.

On the issue of safe drinking water, He said, nobody can drink tap water in Delhi. Delhi's water is not safe for drinking, though there are quality standards in place. (ANI)

New Delhi [India], Apr 26 (ANI): Emaar India, the iconic brand and leading global property developer, has received the Occupancy Certificate for its LEED-certified Integrated IT Park Complex Digital Greens, located in Sector 61, Gurgaon.

Full Story >>

Yahoo India homepage gets brand new look

Updated: Apr 26, 2017 15:59 IST     

New Delhi [India], Apr 26 (ANI-BusinessWireIndia): We're excited to announce the new Yahoo Homepage, along with updates to Yahoo Finance, Yahoo Cricket and Yahoo Lifestylefor users in India.

Full Story >>

New Delhi [India], Apr 26 (ANI): Expanding its horizons, Capillary Technologies announces the initiation of its first technology team overseas, with Tony Wang as its newly appointed Director of Technology.

Full Story >>

New Delhi [India], Apr 26 (ANI-BusinessWireIndia): CSS Corp, a leading IT Services and Technology Support company, today announced the opening of its new global delivery centre in International Tech Park (ITPB), Bangalore to house the company's expanding Infrastructure Management and Tech Support Business.

Full Story >>

New Delhi [India], Apr 26 (ANI): Tutoring is a highly remunerative vocation in India but not many private and home tutors are aware of the best ways of cashing in on their potential in this highly competitive digital ecosystem.

Full Story >>

New Delhi [India], Apr 26 (ANI): India's leading Bitcoin and Blockchain company Unocoin on Wednesday announced taking a step closer towards a frictionless experience in buying Bitcoin for Indians.

Full Story >>

No plans to impose tax on agriculture income: Jaitley

Updated: Apr 26, 2017 13:52 IST     

New Delhi [India], Apr 26 (ANI): Union Finance Minister Arun Jaitley on Wednesday asserted that that the Centre has no plans to impose any tax on agriculture income, while acknowledging that as per the Constitutional Allocation of Powers, the central government has no jurisdiction to impose tax on agricultural income.

Full Story >>

New Delhi [India], Apr 26 (ANI-NewsVoir): UCWeb, part of Alibaba Mobile Business Group, has outlined detailed guidelines for writers and content creators to join the 'Super 1000' Program launched in March 2017.

Full Story >>

New Delhi [India], Apr 26 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999.

Full Story >>

New Delhi [India], Apr 26 (ANI-NewsVoir): Delhi has another reason to rejoice as this year, the prestigious Dada Saheb Falke Excellence Award has been bestowed for best Video album of the year to Rajeev Kapur and Sweety Kapur starrer Sath Mere - Love Never ends.

Full Story >>

New Delhi [India], Apr 26 (ANI-NewsVoir): Melsh Tours India, recently conducted two back to back 10 Day cricket tours to India that saw active participation from South African young teams, Cape Invitational XI from Namibia on one tour and CK All Stars XI from South Africa on another.

Full Story >>

New Delhi [India], Apr 26 (ANI): The market on Wednesday witnessed a surge in the Indian rupee in its initial gains and breached the 64 mark against the US dollar.

Full Story >>

New Delhi [India], Apr 26 (ANI): Online recruitment marketplace AasaanJobs has announced phenomenal business growth of over 40 percent in its overall business via its mobile application, which helps thousands of candidates across India to find the right job based on their skills and requirements.

Full Story >>

New Delhi [India], Apr 26 (ANI): Siemens Healthineers has announced successful installation of India's first fully automated Aptio Automation track with multidiscipline modalities at the Aspira Pathlab and Diagnostic Limited, Mumbai.

Full Story >>

New Delhi [India], Apr 26 (ANI-NewsVoir): Shardul Amarchand Mangaldas has great pleasure in announcing the joining of Amit Khansaheb together with a team of 5 other Partners, who were until recently with the firm of BMR Legal.

Full Story >>

New Delhi [India], Apr 25 (ANI): Self-regulatory organization and industry association of the microfinance industry in India Microfinance Institutions Network (MFIN) on Tuesday launched the financial literacy mobile app for microfinance clients.

Full Story >>

e-SOT, e-PRAN cards launched for Atal Pension Yojana users

Updated: Apr 25, 2017 18:16 IST     

New Delhi [India], Apr 25 (ANI): To benefit and digitally empower over 45 lacs Atal Pension Yojana (APY) subscribers, the facility of online viewing of the statement of transaction (e-SOT) and e-PRAN cards were launched on Tuesday.

Full Story >>

New Delhi [India], Apr 25 (ANI-NewsVoir): CFA Society India, one of the 147 CFA Institute member societies, jointly hosted its annual Putting Investors First event 'Rethinking Financial Services for Millennials' in association with the Institute of Chartered Accountants of India (ICAI) and National Securities Depository Limited (NSDL).

Full Story >>

New Delhi [India], Apr 25 (ANI-NewsVoir): India's largest financial marketplace for loans and credit cards Paisabazaar.com on Tuesday announced a first of its kind strategic partnership with YES BANK, India's fifth largest private sector bank.

Full Story >>

New Delhi [India], Apr 25 (ANI-NewsVoir): Delhi NCR residents can look forward to more bespoke travel experiences with Wanderers' Footprints Travel Boutique opening its first office in the Indirapuram area.

Full Story >>