Essential commodities act

The necessity of retaining the Essential Commodities Act, 1955, will on the statute book, arming the Central and State Government with drastic powers of interference in the name of regulation of trade, commerce, supply and distribution of essential commodities, by issuance of various Control Orders of varied essential commodities s an index of what would otherwise result in hoarding and profiteering at some places and famine and frustration at others. This spectre of future fears has been a justification for State control. Competitive market, it is believed, can no longer be trusted with holding the price line; and hence State must assure equitable suply and distribution of essential commodities at reasonable price. This is the object of the Act and there can be nothing further from truth than this that this object has been achieved. With prices rocketing sky high, each day, each month, each year, some people have become so sceptical that they advocate complete withdrawal of this Act so that the mechanism of competition brings prices at rest sooner or later. The Government, representative of the people does not think so, the Act thus continues on the statute book, and it is necessary to keep the commentary on this Act uptodate to enable the Bar, the Bench, the Authorities and the people in general to keep abreast of the changes and the latest in this law. With this object in view, this Seventh edition, thoroughly revised and made uptodate in case law and amendments, is being presented to the esteemed readers.

All the features of the book as mentioned by earlier revising authors have been fully retained, so as not to lessen, in the least, its utility to the reading public.