Essential Commodities Act

The Essential Commodities Act, 1955, is an Indian law designed to regulate the production, supply, and distribution of essential goods like food, medicines, and fuels. Its purpose is to prevent hoarding, black marketing, and ensure fair availability and prices for consumers. The government has the authority to control these commodities when shortages or price spikes threaten public interest. This act helps maintain stability in the supply of vital goods, particularly during emergencies or shortages, by enabling officials to impose restrictions or seize illegally held commodities.