NEW DELHI: The
Centre
will amend the Essential Commodities Act to provide for notifying stock limits for a retailer or wholesaler only if retail prices increase abnormally—by 100% in case of perishable items like onion, potato and tomato and 50% in the case of non-perishable essential commodities.
The government will shortly bring in an ordinance to effect changes in the Act, sources said.
The EC Act is used by the government to put a cap on prices and specify stock limit for essential items. The gove