CCPA holds meeting on consumer protection in diamond industry

The Central Consumer Protection Authority (CCPA) conducted a stakeholder consultation gathering to code cardinal issues successful the diamond manufacture assemblage connected November 19, 2024.

The lawsuit focused connected the request for standardised terminology and amended disclosure practices, which is chaired by Nidhi Khare, Chief Commissioner of CCPA on with manufacture stakeholders and experts to guarantee greater transparency and user protection, said the Ministry of Consumer Affairs, Food & Public Distribution.

The programme highlighted challenges arising from the deficiency of azygous terminology and inadequate disclosures, peculiarly successful differentiating betwixt earthy and lab-grown diamonds. Such gaps person led to user disorder and the imaginable for misleading practices successful the diamond market.

The gathering besides reviewed respective existing ineligible and regulatory frameworks, including BIS Standards, Legal Metrology Act 2009, and Consumer Protection Act, 2019, to code these issues:

Participants astatine the consultation projected respective measures to amended user protection; mandatory labeling and certification, prohibition of misleading terms, and accreditation of investigating labs.

The consultation emphasized the request for ethical selling practices and accordant terminology to support consumers. The CCPA aims to merchandise a broad model soon, focusing connected accountability, transparency, and consumer-centric practices successful the diamond sector.