World Consumer Rights Day celebrated globally on 15th March.

Why in news?

• World Consumer Rights Day is celebrated on March 15 every year.
• The day marks an opportunity to urge that all consumers’ rights be recognised and safeguarded, as well as to protest market abuses and social injustices that jeopardise those rights. The day highlights the power of consumers and their rights for a fair, safe and sustainable marketplace for everyone.
• This year the International Consumer Rights Day will be celebrated on the theme of “Fair Digital Finance.” The Department of Consumer Affairs will commemorate this day with multiple events being held in New Delhi.
• History of the day:
• World Consumer Rights Day is inspired by President John F Kennedy’s special message to the US Congress that was delivered on 15th March 1962. In this message he formally addressed the issue of consumer rights becoming the first world leader to do so.
• The consumer movement first marked that date in 1983 and now uses the day every year to mobilise action on important issues and campaigns.