Essential Commodities Act The Essential Commodities Act (ECA) was a Parliamentary act which governed the delivery and supply of commodities or products, whose obstruction could affect the lives of the common people to a great extent. The act was modified through the Essential Commodities (Amendment) Act, 2020 as part of the 2020 Indian Agricultural Acts (Also known as Farm Bills) This article will give further details about the Essential Commodities Act within the context of the IAS Exam. Details of ...
Essential Commodities (Amendment) Bill, 2020 drishtiias.com/printpdf/essential-commodities-amendment-bill-2020 Why in News Recently, the Parliament passed the Essential Commodities (Amendment) Bill, 2020. The Bill replaces an Ordinance promulgated in June 2020 and amends the Essential Commodities Act (ECA), 1955. Key Points Features of the Bill: Removes commodities like cereals, pulses, oilseeds, edible oils, onion and potatoes from the list of essential commodities. Aims to remove fears of private investors of excessive regulatory interference in their business operations. Ensures that interests of consumers ...
PUNJAB VIDHAN SABHA BILL NO. 34-PLA-2020 COMMODITIES (SPECIAL PROVISIONS AND PUNJAB THE ESSENTIAL AMENDMENT) BILL, 2020 A BILL further to amend and add special provisions in the Commodities Essential the and Commodities 1955 Essential Act, (Amendment) Act, 2020, in their application to the State of consumers hoarding and Punjab, with a view to protect from agricultural produce to secure and protect black-marketing of and labourers as interests and livelihood farmers farm the of activities. related in and others agriculture all ...
Bill No.32 of 2020 THE ESSENTIAL COMMODITIES (SPECIAL PROVISIONS AND RAJASTHAN AMENDMENT) BILL, 2020 (To be introduced in the Rajasthan Legislative Assembly) A Bill further to amend and add special provisions in the Essential Commodities Act, 1955 and the Essential Commodities (Amendment) Act, 2020, in their application to the State of Rajasthan, with a view to protect consumers from hoarding and black-marketing of agricultural produce and to secure and protect the interests and livelihood of farmers and farm labourers ...
The Essential Commodities (Amendment) Act, 2020 Summary: Lok Sabha passed the The Essential Commodities (Amendment) Bill, 2020 (“ECA, 2020”) on 15 September 2020 and Rajya Sabha passed the bill on 22 September 2020. The President gave assent to the Bill on 26 September 2020 and the Ministry of Law and Justice notified the Act on 27 September 2020. Objective: The stated aim for the Act is to encourage private investments in agricultural marketing and infrastructure by limiting restrictions ...
The Essential Commodities (Amendment) Ordinance, 2020 : A Bird’s Eye View* Introduction In the cotemporary times, where India is looking forward to sail free with promoting economic development on one hand and fighting the pandemic of COVID 19 on other hand, Self- Sufficient and Self Reliant India (Atmanirbhar Bharat) subsumes to this perfect balance. In the wake of endorsing Atmanirbhar Bharat, Government has reforming their policies for boosting all the primary and secondary sector of economy. To begin with ...