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Jago india Jago- Who fixes MRP?
This is a discussion on Jago india Jago- Who fixes MRP? within the Chit Chat forums, part of the Offbeat Lounge category; Maximum Retail Price of a branded product - which is the agency responsible for the price printed on the label of a product ? According to the propoganda of the ...
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#1
08-11-2008, 11:35 PM
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Maximum Retail Price of a branded product - which is the agency responsible for the price printed on the label of a product ? According to the propoganda of the central govt Deptt no govt agency is involved in the process. It is the sole discretion of the manufaturer to print MRP whatever it likes to. Other day i happen to purchase a ltr of MAYUR mustard oil packed in a pet Jar. MRP INSCRIBED ON THE LABEL was Rs 163 /- while the bottle was being sold at Rs 67 /-. I would like to know how this plain and simple cheating through adhoc MRP inscribed on a product be stopped.What is the present role of the govt machineries?      |
| The Following User Says Thank You to rishraM For This Useful Post: | ||
DineshK  (08-12-2008) | ||
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#2
08-12-2008, 01:37 AM
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Sir I think the following thread is of direct relevance to your post. kindly look it up! Pack Sizes - Whom to ask for information ? |
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#3
09-26-2008, 10:44 AM
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Thankfully the MRP is decided by the manufacturer without interference from government. As a student of economics and finance I understand the need for markets to be free from government interference. And goods selling below MRP is not cheating unless there is no problem regarding quality or genuineness of the product. |
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