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RuleMate India

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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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