The document discusses the history and objectives of consumerism movements globally and in India. It outlines 4 eras in the development of consumerism from the 1900s to the present. The basic rights of consumers outlined by President Kennedy are also mentioned, including the rights to safety, being informed, choice, and being heard. India has a history of consumer protection laws dating back to Kautilya's Arthasasthra, and the Consumer Protection Act of 1986 was a milestone that provided protections against unfair trade practices. However, consumerism in India remains less developed due to issues like short supply of goods and lack of competition.