TNPSC Thervupettagam

Essential Commodities Act, 1955

March 10 , 2026 13 hrs 0 min 36 0
  • The Government of India invoked the Essential Commodities Act, 1955 in March 2026 to ensure adequate supply of Liquefied Petroleum Gas (LPG) during a global energy crisis.
  • The Act allows the government to regulate production, supply, distribution, and pricing of essential commodities.
  • On 5 March 2026, oil refining companies were directed to maximise LPG production for domestic consumers.
  • The Act also allows the government to impose stock limits to prevent hoarding and ensure fair availability.
  • It was earlier invoked in August 2025 to control rising wheat prices in India.

 

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