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January 13, 1999

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Cabinet nod for essentials Act amendment

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The Union Cabinet today approved a proposal to amend the Essential Commodities Act, 1955 in order to check hoarding and black-marketeering.

After the Cabinet meeting, an official spokesperson told reporters that the 1955 Act would be made more stringent to discourage hoarding by the speculators.

The pending essential commodities bill in Parliament will be modified accordingly and details of changes would be announced later, she said.

UNI

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