Vol: 10, Issue: 1 2020

Page: 12-23

A Project Report on Consumer Rights Awareness

Dipak Thakur

India today is at a crossroad. Post 1991, this nation of a billion people has seen a lot of developments in terms of economic prosperity. India today boasts of one of the world’s largest middle class population and an ever increasing consumer class. According to a McKinsey report, India currently is world’s 12th Largest Consumer market. By 2025, India is expected to overtake Germany to become world’s 5th largest consumer market. However everything is not so hunky-dory, there is a flip side to the story. On one hand, we have done exceptionally well on few parameters, we are still faced with a situation where there is a deep divide between the urban and rural development. India still possess world’s largest population of Poor, Illiterates, Malnourished Kids, Slum Dwellers, Open defecators, Unavailability of safe & clean drinking water, Exceptionally high level of corruption ,Degrading environment etc. In short, without taking any credit away from India for what it has achieved so far, there is much more to do in order to truly change the face of India.