International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 2 (March-April 2025) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 7 Issue 2
March-April 2025

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

The Essential Commodities Act, 1955: Merits and Challenges

Author(s) Md. Imran Wahab, IPS
Country India
Abstract The Essential Commodities Act (ECA) of 1955 is an important piece of legislation in India aimed at ensuring the availability of essential goods while preventing hoarding and black marketing. Although the Act has successfully curtailed some malpractices and stabilized prices during shortages or emergencies, it has faced criticism regarding its enforcement mechanisms, lack of clarity in definitions, and adaptability to contemporary market dynamics. Frequent changes in control orders can confuse stakeholders, leading to legal ambiguities and operational inefficiencies. Additionally, the Act's extensive regulatory powers have the potential for misuse, creating an environment of uncertainty that affects farmers and discourages investment in agriculture. As the economic landscape evolves, the Act's relevance in a liberalized economy is increasingly questioned, highlighting the need for reassessment and refinement to effectively address the needs of consumers and support agricultural progress while balancing market competitiveness. Ongoing discourse and analysis are essential to enhance the ECA’s role in protecting consumers’ interests in a changing socio-economic context.
Keywords Essential Commodities Act, Hoarding, Black Marketing, Price Stability, Regulatory Measures, Enforcement, Vulnerable Populations, Public Welfare, Market Dynamics, Agricultural Investment.
Field Sociology > Administration / Law / Management
Published In Volume 6, Issue 6, November-December 2024
Published On 2024-12-25
DOI https://doi.org/10.36948/ijfmr.2024.v06i06.33906
Short DOI https://doi.org/g8w2vf
View / Download PDF File

Share this



E-ISSN 2582-2160
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 7 Isu 2Cover Page Vol 7 Isu 1Cover Page Vol 6 Isu 6

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJFMR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9687-828-838 editor@ijfmr.com