2020: Amendment to Essential Commodities Act 1955
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