Description
Essential Commodities Act by Raju Raval presents a practical and detailed study of the regulatory framework surrounding essential commodities in India. The book explores the causes and consequences of black marketing, hoarding, artificial scarcity, price manipulation and diversion of essential goods, while examining the role of government controls in maintaining fair supply and protecting consumers.
The book discusses important aspects of the Essential Commodities Act, 1955, including stock limits, price regulation, seizure, enforcement and action against hoarding. It also covers related laws and regulatory mechanisms dealing with black marketing, consumer protection and the distribution of essential commodities.
A significant portion focuses on practical enforcement and investigation procedures. Topics include inspection of traders and processors, stock verification, market intelligence, monitoring of commodity prices, district-level review mechanisms and the use of digital government portals for stock reporting and monitoring.
The book also examines Minimum Export Price (MEP), export controls, commodity-related fraud, agricultural commodity scams, petroleum-product adulteration and diversion, and selected contemporary case studies.
With its combination of legal concepts, administrative procedures, market-monitoring practices and real-world examples, this book can serve as a useful reference for students, researchers, legal professionals, government and supply-chain personnel, and readers interested in India’s essential commodity regulation.
