Commendable Step Forward in Enforcing MRP Regulation

The recent decision to fine 92 companies a total of Rs 20 million for not following the rules about maximum retail price (MRP) is a commendable step toward protecting consumers. People who go out to buy things need to know exactly how much they will have to pay for them. The MRP does just that: it protects consumers from being cheated. The Department of Commerce, Supplies, and Consumer Protection (DoCSCP), the government agency in charge of carrying out this responsibility, has moved ahead after checking on 713 businesses in the last two and a half months. It was found that 13 percent of these people had broken the rules. This action makes it very clear that not following price rules has consequences. According to the law, all businesses that sell goods in the market must put the maximum retail price on their goods. They are also told to put the name of the manufacturer, the batch number, the date of expiration, and, if necessary, standard marks or pictures on the package. This makes it easier to tell what you're buying and if it's safe and real. Sadly, only 26 of the companies that were checked were following the rules. Of the 308 people who were asked to send in their papers, 278 were told to fix their mistakes. This shows that compliance isn't very strong in the market.