Current Affairs - National - Discussion

Lok Sabha on September 15, 2020, passed Essential Commodities Act (Amendment) Bill, 2020. The bill allows the central government to regulate the supply of some of the food items only under the extraordinary circumstances which include natural calamity of grave nature, war, famine, and extraordinary price rise. The latest bill passed in Lok Sabha seeks to increase the competition in the agricultural sector and to increase farmers' income. It also aims to liberlise the regulatory system while also protecting the interests of the consumers.