EC Act 1955 Archives

17 Jul

2020: Amendment to Essential Commodities Act 1955

Ramanjaneyulu GV Policy EC Act 1955, Food Trade

This Ordinance has inserted a sub-section 1A in Essential Commodities Act 1955 saying that only in extraordinary circumstances like war, famine, natural calamity etc. can the government “regulate the supply of such foodstuffs, including cereals, pulses, potato, onions, edible oilseeds and oil”, and price caps will be triggered only when prices rise by 100% (for […]

17 Jul

2020 Amendments to Essential Commodities Act, 1955

Ramanjaneyulu GV EC Act 1955, Essential Commodities Act

Name of the Organisation: Government of India Year of Publication: 2020 Brief Description: This Ordinance has inserted a sub-section 1a in Essential Commodities Act 1955 saying that only in extraordinary circumstances like war, famine, natural calamity etc. can the government “regulate the supply of such foodstuffs, including cereals, pulses, potato, onions, edible oilseeds and oil”, […]