state the importance of Essential commodities act for the protection of consumer interest.
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Explanation:
The Essential Commodities Act (ECA) was enacted by the Central Government in 1955 to control and regulate trade and prices of commodities declared essential under the Act. It aims to ensure the easy availability of essential commodities to consumers and to protect them from exploitation by unscrupulous traders.
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Answer:
The Essential Commodities Act (ECA) was enacted by the Central Government in 1955 to control and regulate trade and prices of commodities declared essential under the Act. It aims to ensure the easy availability of essential commodities to consumers and to protect them from exploitation by unscrupulous traders.
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