Essential Commodities Act: What does the law say on the penalties for hoarding LPG?
The Center on Monday invoked the Essential Commodities Act, 1955 to divert natural gas to “priority” sectors, with fuel shipments via the Strait of Hormuz now halted due to conflict and with the country’s liquefied natural gas reserves in short supply. The order, issued by the Ministry of Petroleum and Natural Gas, directed that sectors…