MLM Guideline Law Kanoon Kanun Bharat India Direct Selling Multi Level Network Marketing 2016 FTC


http://www.youtube.com/watch?v=iCUn7r6emMk

http://www.urtsam.com/
connect +919711572735 whatsapp enabled

The model guidelines, which have been sent to states, also seek to define direct selling and direct sellers as well as pyramid schemes involving chain of subscribers wherein a buyer enrols one or more subscribers and the chain continues.

The norms also provided for direct selling companies for setting up a Grievance Redressal Committee to attend to consumer complaints that will necessarily have to carry a unique number through which they can be tracked for redressal.

Also, the guidelines mandate such firms to provide name of purchaser and seller, delivery date, procedure of returning goods and warranty.

The direct selling industry was pitching for a clearcut guidelines for the sector to remove legal ambiguities to differentiate between fraudulent ponzi schemes and genuine businesses run by them.

The process for framing proper guidelines was started in 2013 by the government after the police arrested the then Amway’s India Chairman William S Pinckney and two company directors over allegations of fraud in Kerala under the Prize Chits and Money Circulation Schemes (Banning) Act.

The Ministry of Consumer Affairs issued the guidelines for states to regulate direct selling and multi-level marketing (MLM), that prohibited pyramid scheme as well as money circulation schemes under the garb of direct selling business.

The ‘Direct Selling Guidelines 2016’ framework was released by the Consumer Affairs Minister Ram Vilas Paswan and has been sent to the states/Union Territories for adoption.

The industry welcomed the move saying that it will bring clarity in the Rs 7,500 crore-sector and end regulatory conflicts, leading to future growth in direct selling segment.

The government has defined legitimate direct selling and differentiates it from pyramid and money circulation schemes to help investigating agencies identify fraudulent players.

“We are sending the model guidelines to all state governments. States can make some changes as per their localised requirements. The guidelines were necessary for better growth in the direct selling business,” Consumer Affairs Secretary Hem Pande told reporters here.

Guidelines are always optional, he said when asked whether it would be mandatory for states to adopt these norms.

full news – http://www.business-standard.com/article/pti-stories/govt-issues-model-guidelines-for-states-on-direct-selling-116091201281_1.html

—-

Related Search
Legal
illegal
Scam
Fraud
Qnet
Hyderabad
Amway
RCM Business
Vestige Marketing Pvt Ltd
New
Latest
Rules
Regulations
September
2016
Ram Vilas Paswan
BJP
Narendra Modi
PM Modi
URTSAM
FICCI
KPMG
FDSA
Sajeev Nair
Monavie
TCjee
TCji
TC jee
TC ji
Surendra Vats
Vijay Virodhiya
Mukesh Kothari
Sanjeev Goenka
RMCL Universe
Mitesh Agarwal
Gautam Bali
Direct 2017
Direct 2016
Talkatora Stadium
Ajay Pillai
Secure Life
Naswiz
Sonu Sharma
MLM Training
Hindi
News
Latest News
Marketing Plan
Government
Indian
Bharat Sarkar
Bharatiya Janata Party
Self Employed
Employment
jobs
Part time job
housewife
homemaker
house wife
housewives
student
MBA
college
Degree
cost
tuition fee
work from home
make money online
lead generation
software
wordpress
blog
blogging
seo tips
long tail pro
keywords
landing page
ppc
paid campaign
sponsored post
amazon affiliate
flipkart
snapdeal
ebay
ola
uber
olx
America
Florida
Miami
USA
Jamaica
Supplements
Nutrition
Wellness
FMCG
products
investment plan
crypto
currency
Bitcoin
Bit coin
binary
matrix
types of MLM Plan
Australian
product purchase
mandatory
repurchase
sales
commission
maximum
minimum
earnings
top income earner
Federal Trade Commission
FTC
Vemma
Herbal Life
china
DXN
Tiens
Oriflame
Avon
Tupperware
Empower Network
Ankur Agarwal
MAP
Dubli
Mobe
Charles NGO
Miami
Vikas KumRai
Ludhiana
Punjab
Canada
Jalandhar
Amritsar
Delhi
Ghaziabad
Noida
Faridabad
Ram Survey
Speak Asia
Gurgaon
Jaipur
Rajasthan
Alwar
Pune
Mumbai
Rourkela
Puja Arora
Pooja
Seminar
Function
ITO
Address
contact
how to join MLM Business
who is URTSAM
internet marketing alliance
online marketing
apnarcm
rcmstars
apna rcm
RCM for all
blogspot
adsense
publisher
NLP
Mind Trainer
Mindset
Books
Tapes
CD
Best MLM Trainer
Best MLM Training
MLM motivation
motivational
Number 1 MLM company in india
No 1 MLM company in india
Best MLM company in india
Top 10 MLM company in india
List of MLM companies in India
Fastest growing MLM company in India 2016
Best MLM products in india
Latest MLM video
Latest MLM news
Good news
Bad news
arrest
jail
police
Odisha
Orissa
Samir K Mishra
facebook
social media
how to generate leads using facebook
how to sell products using facebook
traffic
sales funnel
click funnel
vitamins
minerals
Best MLM leader in india
Top 10 MLM Leaders in India
career counselling
bank
railway
allahabad
patna
darbhanga
bihar
bihari
hyderabad
bangalore
gujarat
Ahmedabad
Kanpur
Varanasi
Banaras
Baba Ramdev
Patanjali

 

Leave a Reply

Your email address will not be published. Required fields are marked *