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    Infosys Q4 Results: Net Profit Jumps 21% YoY to Rs 8,501 Crore; Rs 25 Dividend Announced

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    Stock Market Today: Sensex Crashes 852 Points, Nifty Slides 205; Rupee Hits 94.11 on Global Tensions

    Stock Market Today: Sensex Crashes 852 Points, Nifty Slides 205; Rupee Hits 94.11 on Global Tensions

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    Rupee Falls 32 Paise to 93.48 Against USD on Strong Dollar Demand, Market Pressure

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    Gold Price Today in India: 24K, 22K, 18K, 999 Silver Rates Across Cities; US–Iran Talks Drive Market Risk

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    Nestle Q4 Results FY26: Net Profit Rises 27% to Rs 1,111 Crore, Announces Dividend Rs 5/share

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    RBI Eases Rupee Trading Curbs Withdraws Offshore Derivative Rules to Support Rupee Stability

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New regulation mandates printing ‘date of manufacturing’ and ‘unit sale price’ on all packaged items

By: Editorial Desk

by Editorial Desk
January 3, 2024
in BFSI
Reading Time: 1 min read
New regulation mandates printing 'date of manufacturing' and 'unit sale price' on all packaged items

New regulation mandates printing 'date of manufacturing' and 'unit sale price' on all packaged items

Summarize with:

New Delhi: Companies are now required to print the ‘date of manufacturing’ and ‘unit sale price’ on all packaged commodities, effective from January 1, Consumer Affairs Secretary Rohit Kumar Singh announced.

Previously, companies had the option to print either the ‘date of manufacturing,’ ‘date of import,’ or the date of packaging on their products. However, a recent notification from the Consumer Affairs Ministry has now made it mandatory for companies to include only the ‘date of manufacturing’ alongside the ‘unit sale price.’

This regulation aims to provide consumers with essential information about the age of the product, enabling them to make more informed purchase decisions. Simultaneously, the inclusion of the unit sale price facilitates consumers in understanding the cost per unit.

For instance, a 2.5 kg pack of wheat flour will now display the unit sale price per kilogram in addition to the Maximum Retail Price (MRP). Similarly, commodities with a quantity of less than one kilogram will feature a sale price per gram, along with the total MRP of the product.

Also Read More – 

  • India plans $2.2 Billion incentives to boost manufacturing in six sectors
Summarize with:
Tags: Affairs Secretary Rohit Kumar Singhall packaged itemsConsumer Affairs MinistryConsumer Affairs Secretary Rohit Kumar Singhdate of manufacturingMaximum Retail PriceNew regulation mandates printingRohit Kumar Singhunit sale price
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