Under product liability, when a consumer suffers an injury, property damage or death due to a defect in a product or service, he can file a claim for compensation under product liability. For mains: issues present with the Act, need for reforms and significance. Consumer Protection Bill . What to study? The Consumer Protection Bill, 2019 was introduced in Lok Sabha by the Minister of Consumer Affairs, Food and Public Distribution, Mr. Ram Vilas Paswan on July 8, 2019. These rights ensure that consumers can make better choices in the marketplace and get help with complaints. The 2019 Act adds various provisions for consumer protection that were absent in the 1986 Act. MCQs on Consumer Protection Act Consumer Protection Act provides rights to the consumer to prevent consumers from fraud or specified unfair practices. Key features of the Bill include: This new act will replace the old Consumer Protection Act, 1986. Crisp news summaries and articles on current events about Consumer Protection Act 2019 for IBPS, Banking, UPSC… Latest Current Affairs in June, 2020 about Consumer Protection Act 2019. The Consumer Protection Bill, 2019 was passed by the Indian Parliament on Aug 06, 2019, and later on signed by the President of India. The Bill replaces the Consumer Protection Act, 1986. Context: The Lok Sabha has passed the Consumer Protection Bill 2019, which seeks to give enhanced protection to interests of consumers and timely settlement of their grievances. For prelims: Key features of the bill. Key among them are the provisions on product liability and unfair contracts.