Sanjeev Jain arrested after trying to evade arrest in connection with a consumer complaint over delay in transfer of possession of flats, after which firm was ordered to refund home buyers.
It's not enough to have laws that regulate firms or nodal officers who address grievances. India needs a system that sets right incentives for firms and consumers.
An analysis of the functioning of Karnataka State Commission and the various district commissions reveals several shortcomings in resolving consumer complaints.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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