New Delhi- Mr Ram Vilas Paswan, Union Minister for Consumer Affairs, Food & Public Distribution said that the new Consumer Protection Bill has been approved by the cabinet and is likely to be introduced in the present session of parliament. Mr Paswan said that the enactment of BIS act 2016 and Consumer Protection Bill are historical events in the history of consumer movements. It was stated by Mr Paswan in his presidential address on the occasion of National Consumer Day 2017.The Union Minister further stated that exiting Consumer Protection Act enacted in 1986 is 31 years old. Meanwhile, the whole scenario the market has changed. No one imagined that smart phones will become a complete world in itself and the future of the digital world in the next 25 years is also not predictable.