JAIRAM Arts & Science College

Consumer Club

Liberalization is paving way for a market-driven economy,Where the manufacturers seek to maximize profits. Manufacturers are not often concerned about the quality of goods and services and their impact on the health of people and the environment. Instead of the consumer guiding the producer about what should be produced, it is the producer who decides what the consumer should want. The Plight of a consumers are saddled with the problem of choosing between too many products with too less information. With the concentration of market in the hands of a few large corporations, it becomes important that the consumers are aware of their rights in order to ensure proper standards for the goods and services for which they make payment.

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