India invokes Essential Commodities Act to control fuel allocation
→Fuel diverted to priority sectors under central control
Change
India brought petroleum and natural gas under the Essential Commodities Act to regulate supply and prioritise key sectors.
Why it matters
The order mandates diversion of fuel to priority uses such as households and fertiliser production, limiting supply to other sectors.
Implications
- → Non-priority industries face supply cuts — production planning disrupted
- → Suppliers must follow allocation rules — contract flexibility reduced
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Source
View on Deccan Chronicle