Q1. With reference to the Essential Commodities Act, 1955, consider the following statements:
- The Central Government can regulate the production, supply, distribution and trade of essential commodities in the interest of consumers.
- Stock limits imposed under the Act can be applicable to traders, wholesalers, retailers, processors and millers.
- The Central Government is precluded from authorising State Governments to impose stock limits on specified commodities.
- Violation of stock-related orders issued under the Act can attract penal action under its provisions.
Which of the statements given above are correct?
(a) 1 and 2 only
(b) 1, 2 and 4 only
(c) 2 and 3 only
(d) 1, 3 and 4 only
Answer: (b) 1, 2 and 4 only
Explanation:
- Statement 1 is Correct: The Essential Commodities Act, 1955 empowers the Central Government to regulate the production, supply, distribution and trade of essential commodities to protect consumer interests.
- Statement 2 is Correct: Stock-related restrictions can cover different participants in the supply chain, including traders, wholesalers, retailers, processors and millers.
- Statement 3 is Incorrect: The Centre can empower or authorise State Governments to impose stock limits under the applicable regulatory framework.
- Statement 4 is Correct: Under Sections 6 and 7 of the Act, orders issued under the Act have legal consequences, and violations can attract penalties.
