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Controls imposed under Essential Commodities Act, 1955 removed



New Delhi, Feb. 21 : The Union Cabinet today gave its approval for issuing a Central Order under Section 3 of the Essential commodities Act, 1955, for extending the validity of the Central notification dated 29-08-2006, 27-02-2007 and 31-08-2007 for a further period of six months beyond 29-02-2008.

This would empower the State Governments to undertake de-boarding operations and to control the prices of wheat and pulses.

The Essential Commodities Act, 1955 gives powers to control production, supply, distribution of essential commodities for maintaining or increasing supplies and for securing their equitable distribution and availability at fair prices.

ANI

Question Sonia in Bofors case: Fernandes

New Delhi, Feb 26:  Describing the recovery agents employed by the Multinational Banks (MNBs) as thugs, hooligans and gangsters, the Supreme Court today held that this country is governed by the ''rule of law'' and the banks cannot employ goondas to take possession of property or vehicles by force.A bench comprising Justices A R Laxmanan and Altamas Kabir, while disposing of the petition of 75-year-old widow Prakash Kaur from Kanpur, described these recovery agents as modern day Shylocks who.....
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