Essential Commodities Act

The SKM, an umbrella body of over 40 farmers'' union leading the farmers'' agitation, alleged that the ECAA allows "unlimited private hoarding and black marketing".

Standing Committee asks govt to implement Essential Commodities (Amendment) Act in 'letter & spirit'

In its report tabled in the Lok Sabha on March 19, the Standing Committee on Food chaired by TMC leader Sudip Bandyopadhyay recommended the government to "implement the Essential Commodities (Amendment) Act, 2020 in letter and spirit, and without let or hindrances so that the farmers and other stakeholders of farming sector in this country receive the benefits intended under the said Act".

Farmer protests: Government bets on 'big guns' as it starts nationwide outreach initiative

The government is rolling out the ‘big guns’ including Defence Minister and the Bharatiya Janata Party’s farmer face Rajnath Singh, Finance Minister Nirmala Sitharaman, Agriculture Minister Narendra Singh Tomar and Minister of State for Finance Anurag Thakur,

Explained | Success story of Atmanirbhar Bharat via PPE kits, sanitisers

Find out how India ramped up its manufacturing capacity in a few months to not only become self-reliant but also the second biggest exporter of these essential commodities.

Cabinet approves amendment to Essential Commodities Act; changes to benefit farmers

While briefing the media, Union Minister Prakash Javadekar said, "Farmers have been freed from the constraints of the Agriculture Produce Marketing Committee (APMC)."

Central law to replace Essential Commodities Act soon: Agriculture Minister Narendra Singh Tomar

APMCs, over the years, had become barriers for farmers to get a fair price for their produce as they were forced to sell it through these committees.

Explained | Amendments to Essential Commodities Act

Moneycontrol's Sakshi Batra breaks down the amendments​ in the Essential Commodities Act

3-Point Analysis | Economic package part 3 focuses on agriculture and fisheries sector

Moneycontrol's Sakshi Batra does a 3 point analysis on the key measures announced by the Finance Minister.

Coronavirus pandemic | Masks, hand santizers declared 'essential commodities'

The government has notified an order under the Essential Commodities Act to declare masks (2 ply and 3 ply surgical masks, N95 masks) and hand santizers as essential commodities up to June 30, 2020.

Need to review Essential Commodities Act to boost farm exports: NITI Aayog VC

The Essential Commodities Act seeks to regulate the production, supply and distribution of commodities that the government declares 'essential' in order to make them available to consumers at fair prices.

Economic Survey asks govt to be vigilant to prevent price rise

The Economic Survey 2016-17 pegged agriculture and allied sector growth at 4.1 percent this fiscal on account of good monsoon from 1.2 percent last year but said there is less chance for the sector to give an extra boost to GDP growth next year.

Budget 2016: Crop insurance key for other agri schemes, says ITC

S Sivakumar, Divisional Chief Executive, Agri Business at ITC, expects fertilizer subsidy outlay to come down due to lower commodity prices.

Pulses racing: Can govt measures bring down tur dal prices?

While rising food inflation driven by pulses has been a never-ending discussion topic in India's macroeconomic policy-making, this time around all hell has broken loose with tur dal prices rising to more than Rs 210

Govt extends control order to regulate pulses trade

Government today extended by one year the control order under the Essential Commodities Act to allow the states to take steps to curb unscrupulous trading and hoarding of pulses, edible oils and oilseeds.

Govt to import 5,000 tonne of tur dal to check prices

Meanwhile, the government has directed the MMTC to expedite import of 10,000 tonnes of tur and urad dals and requested the state governments to gear up for distribution of pulses through retail outlets.

Govt extends ban on hoarding onion beyond ceiling by 1 year

The decision was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi. The validity of the order that empowers states to impose stock limits on traders for holding onion and ban hoarding beyond the set limit, expires tomorrow - July 2.

No stock limits on commodities in regulated warehouses: FMC

The exemption has been given subject to the condition that these warehouses publish the information of stock available with them on a real time basis, the Commission said in a circular.

Farmers, traders unhappy with onions inclusion in EC Act

"To protect the interest of farmers, the government should have declared MSP for onion as soon as it was included under the Essential Commodities Act," Lasalgaon Agricultural Produce Market Committee (APMC) Chairman Nanasaheb Patil told reporters over the weekend.

NPPA to fix cap on prices of over 300 drugs by month-end

Drug pricing regulator National Pharmaceutical Pricing Authority (NPPA) said that it will fix the ceiling prices of over 300 formulation-based drugs by the month-end.

Life saving drugs prices set to fall soon

According to the approved policy, prices of medicines will now be capped by taking simple average of all brands which have more than one per cent market share instead of input costs.