Will you welcome Black-marketing ?Farmers are sitting on the roads around Delhi in this cold season in protest against three bills passed by the government. Farmers say that these bills are against them whereas the government is trying to convince them that these bills are useful for them and asserts that they will increase their income. Opposition parties, as usual, opposing these bills now. It's a universal fact that every action, order, ordinance, the policy of the government are wrong by default in the sight of opposition parties and they oppose government for the sake of opposition whereas governments become infallible for whatever they do. In this thread, I am taking only one issue right now and will try to laymanise it if knowledgable members find any mistake in my understanding this issue may suggest me. I shall be pleased to change my views about it.
First, we have to understand what black-marketing is. According to law storage of essential commodities is a crime. Big businessmen having storage facilities purchase maximum amount of essential commodities which have high demand in the market and commonly consumed by people e.g. grains, flour, pulses, rice, edible oil, potatoes, onions, salt etc. When the market faces a shortage of essential commodities these big businessmen who have retained these items in their vast godowns supply commodities to market on the higher rate which results in price-hike in essential commodities. Consumers are helpless to purchase these essential items on a higher rate to fill their stomach. If the complaint is lodged against these big businessmen police will raid on their godowns and will arrest them for committing this crime is called black-marketing. In 1955 black-marketing was declared as a crime and it was still a crime but the bill Essential Commodities Amendment 2020 has legalised it as the part of the business. According to this new law in two situations storage of essential commodities can not be done - during the war and natural calamities.
Government is saying to farmers that now they can store their crops in their godowns and can sell their products when they think to sell and anywhere in the country but the reality is how many farmers have storage facilities? Hardly a few and their storage rooms are generally small in size. Then who will store these essential commodities? none other than big industrialists who have already got built huge godowns for this purpose. Suppose, all these industrialists purchase pulses from farmers. Now, all the pulses of the country are in their godowns. They stop supply these items and wait for price-hike. When the market of the country insist them to supply essential commodities and if they double the price and supply pulses, consumers will have to purchase pulses on more than double rate.
If you complain to the concerned department or police and if any action is taken against these black-marketeers they will show this bill.
What are your views about this bill? I hope that rebuttal of my post should, logically, be explained. I I wish to be proven wrong.