The Economic Times – ET In The Classroom – Archives

Jul 5th, 2015
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The Prim e Minister will soon hold a m eeting of chief m inisters to discuss the alarm ing food price situation and rev im plem entation of Essential Com m odities Act (ECA). ET looks at the ECA and how it can help com bat the rising prices articles.

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10/3/13The Economic Times ET In The Classroom Archives 3 (Economics Concepts Explained) | INSIGHTSINSIGHTSJULY 1 8 , 2 0 1 3 6 :2 5 PMThe Economic Times ET In The Classroom Arch(Economics Concepts Explained)Archiv es -1Archiv es -2archiv es 3Archiv es 4Archiv es 5The Econom ic Tim es newspaper now and then publishes articles on current econom ic issues in a question and anthe heading ET In The Classroom . They are sim ple to understand and rem em ber.Many tough concepts are beautifully explained by the ET team in these articles. All these articles are freely av aiThey are the property of the Econom ic Tim es. I hav e just consolidated all of them here for the benefit of the readeFor an IAS aspirant preparing for the UPSC civ il serv ice exam ination, ET in t he Classroom is a one-stop solutioacquainted with m any econom ic jargon and concepts.ET In the CLASSROOM: ESSENTIAL COMMODITIES ACTThe Prim e Minister will soon hold a m eeting of chief m inisters to discuss the alarm ing food price situation and revim plem entation of Essential Com m odities Act (ECA). ET looks at the ECA and how it can help com bat the rising particles.What are essent ial commodit ies?The gov ernm ent has powers under the Essential Com m odities Act, 1 9 55 (EC Act) to declare a com m odity as an eto ensure its av ailability to people at fair price. The EC Act, 1 9 55 allows the gov ernm ent to control the productiodistributio

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