What do you think should be the role of government to protect consumers?

Tere are the key points regarding the role of the government in protecting consumers:

1. Regulatory Framework: Establishing and enforcing laws and regulations to safeguard consumer rights and prevent unfair business practices.

2. Consumer Education:** Providing accessible and accurate information to consumers about their rights, product safety, and fair business practices through awareness campaigns and educational initiatives.

3. Product Safety Standards: Setting and enforcing stringent standards to ensure the safety and quality of goods and services available in the market.

4. Enforcement of Laws: Vigorously enforcing consumer protection laws and regulations through regulatory bodies or consumer protection agencies.

5. Redressal Mechanisms: Establishing effective and accessible mechanisms for consumer complaint redressal, such as consumer courts or ombudsmen.

6. Price Regulation: Monitoring and regulating prices to prevent unfair pricing practices and ensure fair market competition.

7. Fair Competition: Preventing monopolistic practices and promoting fair competition among businesses.

8. Product Labeling: Mandating clear and accurate labeling of products to provide consumers with essential information.

9. Financial Protection: Regulating financial services to protect consumers from unfair practices in banking, insurance, and investment sectors.

10. Environmental Protection: Ensuring that products and services meet environmental standards to protect consumers from harmful impacts.

These measures collectively ensure the well-being and protection of consumers within the marketplace.