Consider the following statements about the Essential Commodities Act 1955 and identify the incorrec...........

Governance Issues Regulatory Authorities

Consider the following statements about the Essential Commodities Act, 1955 and identify the incorrect one.

Under the Act the State governments have the power to include or exclude items to be listed as Essential Commodities.

Under the Act, State Governments/UT Administrations can issue various control orders to regulate various aspects of trading in essential commodities.

The States have the power not to impose any restrictions on trading and stocking even if an item has been listed as an Essential Commodity.

Other than certain food-stuff, even drugs and fuels have been listed as Essential Commodities.

Under the Act the State governments have the power to include or exclude items to be listed as Essential Commodities.

The objectives of the act are to provide for the control of (i) Production (ii) Supply (iii) Distribution of trade commerce in certain commodities, in the interest of general public.

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