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    Xxxgidhxxx Xxxgidexxx: Published by Authority

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    1) The Essential Commodities (Amendment) Act, 2020 amends the Essential Commodities Act, 1955. 2) It inserts a new sub-section that states that certain food items like cereals, pulses, oils, etc. can only be regulated under extraordinary circumstances like war or famine. 3) It also lays out conditions for imposing stock limits - a 100% increase in price of horticulture items or 50% increase in price of other agri items from the last year.

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    Xxxgidhxxx Xxxgidexxx: Published by Authority

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    jonamjonam
    63 views2 pages
    1) The Essential Commodities (Amendment) Act, 2020 amends the Essential Commodities Act, 1955. 2) It inserts a new sub-section that states that certain food items like cereals, pulses, oils, etc. can only be regulated under extraordinary circumstances like war or famine. 3) It also lays out conditions for imposing stock limits - a 100% increase in price of horticulture items or 50% increase in price of other agri items from the last year.

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    222038.pdf

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    1) The Essential Commodities (Amendment) Act, 2020 amends the Essential Commodities Act, 1955. 2) It inserts a new sub-section that states that certain food items like cereals, pulses, oils, etc. can only be regulated under extraordinary circumstances like war or famine. 3) It also lays out conditions for imposing stock limits - a 100% increase in price of horticulture items or 50% increase in price of other agri items from the last year.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    63 views2 pages

    Xxxgidhxxx Xxxgidexxx: Published by Authority

    Uploaded by

    jonamjonam
    1) The Essential Commodities (Amendment) Act, 2020 amends the Essential Commodities Act, 1955. 2) It inserts a new sub-section that states that certain food items like cereals, pulses, oils, etc. can only be regulated under extraordinary circumstances like war or famine. 3) It also lays out conditions for imposing stock limits - a 100% increase in price of horticulture items or 50% increase in price of other agri items from the last year.

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    jftLVªh lañ Mhñ ,yñ—(,u)04@0007@2003—20 REGISTERED NO.

    DL—(N)04/0007/2003—20

    सी.जी.-डी.एल.-अ.-27092020-222038
    xxxGIDHxxx
    CG-DL-E-27092020-222038
    xxxGIDExxx
    vlk/kkj.k
    EXTRAORDINARY
    Hkkx II — [k.M 1
    PART II — Section 1
    izkf/kdkj ls izdkf'kr
    PUBLISHED BY AUTHORITY

    lañ 47] ubZ fnYyh] jfookj] flrEcj 27] 2020@ vkf'ou 5] 1942 ¼'kd½
    No. 47] NEW DELHI, SUNDAY, SEPTEMBER 27, 2020/ASVINA 5, 1942 (SAKA)

    bl Hkkx esa fHkUu i`"B la[;k nh tkrh gS ftlls fd ;g vyx ladyu ds :i esa j[kk tk ldsA
    Separate paging is given to this Part in order that it may be filed as a separate compilation.

    MINISTRY OF LAW AND JUSTICE


    (Legislative Department)
    New Delhi, the 27th September, 2020/Asvina 5, 1942 (Saka)
    The following Act of Parliament received the assent of the President on the
    26th September, 2020 and is hereby published for general information:—

    THE ESSENTIAL COMMODITIES (AMENDMENT) ACT, 2020


    NO. 22 OF 2020
    [26th September, 2020.]
    An Act further to amend the Essential Commodities Act, 1955.
    BE it enacted by Parliament in the Seventy-first Year of the Republic of India as
    follows:—
    1. (1) This Act may be called the Essential Commodities (Amendment) Act, 2020. Short title and
    commencement.
    (2) It shall be deemed to have come into force on the 5th day of June, 2020.
    10 of 1955. 2. In section 3 of the Essential Commodities Act, 1955, after sub-section (1), the following Amendment
    sub-section shall be inserted, namely:— of section 3.

    ‘(1A) Notwithstanding anything contained in sub-section (1),—


    (a) the supply of such foodstuffs, including cereals, pulses, potato,
    onions, edible oilseeds and oils, as the Central Government may, by notification
    in the Official Gazette, specify, may be regulated only under extraordinary
    circumstances which may include war, famine, extraordinary price rise and natural
    calamity of grave nature;
    2 THE GAZETTE OF INDIA EXTRAORDINARY [PART II— SEC. 1]

    (b) any action on imposing stock limit shall be based on price rise and an
    order for regulating stock limit of any agricultural produce may be issued under
    this Act only if there is—
    (i) hundred per cent. increase in the retail price of horticultural
    produce; or
    (ii) fifty per cent. increase in the retail price of non-perishable
    agricultural foodstuffs,
    over the price prevailing immediately preceding twelve months, or average retail
    price of last five years, whichever is lower:
    Provided that such order for regulating stock limit shall not apply to a processor
    or value chain participant of any agricultural produce, if the stock limit of such person
    does not exceed the overall ceiling of installed capacity of processing, or the demand
    for export in case of an exporter:
    Provided further that nothing contained in this sub-section shall apply to any
    order, relating to the Public Distribution System or the Targeted Public Distribution
    System, made by the Government under this Act or under any other law for the time
    being in force.
    Explanation.—The expression "value chain participant", in relation to any
    agricultural product, means and includes a set of participants, from production of any
    agricultural produce in the field to final consumption, involving processing, packaging,
    storage, transport and distribution, where at each stage value is added to the product.’.
    Repeal and 3. (1) The Essential Commodities (Amendment) Ordinance, 2020 is hereby repealed. Ord. 8 of 2020.
    savings.
    (2) Notwithstanding such repeal, anything done or any action taken under the Essential
    Commodities Act, 1955, as amended by the said Ordinance, shall be deemed to have been 10 of 1955.
    done or taken under the corresponding provisions of the said Act as amended by this Act.

    ————

    DR. G. NARAYANA RAJU,


    Secretary to the Govt. of India.

    UPLOADED BY THE MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI–110002
    AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI–110054.
    SUBIR Digitally signed by
    SUBIR NARAYAN
    NARAYA GARAI
    Date: 2020.09.27

    N GARAI 17:44:10 +05'30'

    MGIPMRND—859GI—27-09-2020.

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