GK
IMPORTANT ACTS OF THE PARLIAMENT OF INDIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1955
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1957
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1961
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1966
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Detailed explanation-1: -The Act empowers the central government to control the production, supply, distribution, trade, and commerce in certain commodities. The Ordinance seeks to increase competition in the agriculture sector and enhance farmers’ income. It aims to liberalise the regulatory system while protecting the interests of consumers.
Detailed explanation-2: -The Essential Commodities Act, 1955 is one of the important laws of the country that applies for the protection of the interest of the general public. Under this Act, the Central Government possesses a wide range of powers to control the production and supply of essential commodities.
Detailed explanation-3: -The Essential Commodities (Amendment) Bill, 2010 was introduced on August 9, 2010. It seeks to amend the Essential Commodities Act, 1955 to clarify the price payable for levy sugar (procured for public distribution system).