States asked to invoke Essential Commodities Act, 1955
Part of: GS Prelims and GS-II – Polity & Governance
- States are asked to invoke Essential Commodities (EC) Act, 1955 by the Ministry of Home Affairs to maintaining smooth supply of essential items at fair prices in the country.
- The measures include fixing of stock limits, capping of prices, enhancing production, etc.
- States can now notify orders under the EC Act, 1955 without prior agreement from the Central Government up to June 30, 2020.
- Offences under EC Act are criminal offences and may result in imprisonment of 7 years or fine or both.
- Offenders can also be booked under the Prevention of Black-marketing and Maintenance of Supplies of Essential Commodities Act, 1980.
Important value additions:
Essential Commodities (EC) Act, 1955
- It is an act of Parliament of India.
- It was established to prevent hoarding of the essential commodities and to ensure their timely delivery so that the normal life does not get affected.
- This includes foodstuff, drugs, fuel (petroleum products) etc.
IASbaba imparts 360-degree IAS preparation solutions with their exhaustive Prelims and Mains preparation courses, supported by the latest UPSC preparation material. Avail our expert help by enrolling with us to keep your knowledge updated and stay ahead of your competition.
Most Trending and Trusted Programmes by UPSC Toppers :