Friday, 27 May, 2022
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TopicEssential Commodities Act

Topic: Essential Commodities Act

Cases double under contentious Essential Commodities Act in 2020. Police point to pandemic

Samyak Pandey -
NCRB data shows that states such as Maharashtra, Rajasthan, Bihar, UP and Tamil Nadu witnessed a massive jump in cases related to the Essential Commodities Act.

Centre directs states to collect stock details of edible oil, oilseeds to prevent hoarding

PTI -
The Consumer Affairs ministry has issued the directive to the state govts under Essential Commodities Act and asked to monitor prices of edible oils and oilseeds on a weekly basis.

Modi govt imposes stock limit on pulses to rein in surging prices

Samyak Pandey -
Prices of pulses have seen sustained inflation this year, hovering above the Rs 100/kg in the retail market. Govt move comes ahead of gradual unlocking, with the festival season just weeks away. 

Of the three farm laws, Essential Commodities Act 2020 most business friendly

Siraj Hussain -
The Essential Commodities (Amendment) Act 2020 may not be so detrimental to the farmers producing surpluses. It is the consumers who may have to worry.

Parliament panel, comprising TMC, AAP MPs who opposed farm laws, bats for one of 3 laws

Samyak Pandey -
The Standing Committee on Food, chaired by TMC MP Sudip Bandyopadhyay, recommended the government to implement the Essential Commodities (Amendment) Act, 2020.

Govt imposes stock limit on onion traders till 31 December to contain prices

PTI -
Retailers can stock onions only up to 2 tonne, whereas wholesale traders are allowed to keep up to 25 tonne, Consumer Affairs Secretary Leena Nandan said.

Parliament passes bill removing cereals, oils, onion & potato as essential commodities

PTI -
The amendments to the essential commodities law aim to remove fears of private investors of excessive regulatory interference in their business operations.

Opposed by opposition & BJP ally SAD, bill to replace farm ordinance passed in Lok Sabha

Moushumi Das Gupta -
The bill gives the Centre the power to designate certain commodities like food items, fertilisers and petroleum products as essential commmodities and regulate their production, supply, distribution, and trade.

Modi govt walks the talk on agriculture reforms. Now, fix the loopholes

Ila Patnaik -
Modi govt has made actual legal changes to implement its policy statements on agriculture reforms. It should now plug loopholes to realise their full potential.

Bombay HC asks Centre to reconsider fixing price cap for N95 masks, ensure affordability

PTI -
A bench of Chief Justice Dipankar Datta and Justice S S Shinde said the Centre must take the Essential Commodities Act into account while reviewing pricing policy for N95 masks.
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Opinion

Pakistan Prime Minister Shehbaz Sharif and former PM Imran Khan | Photos from Facebook

Jinnah said Pakistan would be a ‘laboratory’. Experiments by Imran, Shehbaz prove him so right

Naila Inayat -
If Yasin Malik’s sentence is a call for condemnation, then why is the establishment forgetting Hafiz Saeed? But neither Shehbaz nor Imran Khan would take note.
Separatist leader Yasin Malik in New Delhi on 19 May 2022 | ANI photo

Many waited for Kashmir to erupt after Yasin Malik verdict. It didn’t – says a lot about JKLF

Author Geetanjali Shree and translator Daisy Rockwell at Booker Prize event, London | TheBookerPrizes/Twitter

Geetanjali Shree won 1st Booker for Hindi novel. Regional authors must ask for right price now

Economy

RBI sets aside more money for rainy day, payout drops

Anup Roy -
The central bank approved the transfer of 303.1 billion rupees to the government from its surplus funds, a third of the 991.2 billion rupees it had given last year.

Defence

NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Snehesh Alex Philip -
Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

National Interest

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

Shekhar Gupta -
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.

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