SHORT ANSWER:
The punishment for hoarding essential commodities can include imprisonment and fines.
DETAILS:
- Under the Essential Commodities Act, 1955, hoarding is prohibited.
- The law defines hoarding as the possession of essential commodities in excess of the prescribed limit.
PUNISHMENT / IMPLICATIONS (if applicable):
- Imprisonment for up to seven years.
- Fine may also be imposed.
SOURCE:
- Essential Commodities Act, 1955
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