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Price rise: Paswan seeks punitive measures against hoarders

The Essential Commodities Act should be amended to raise imprisonment for hoarders from six months at present to a year, he said.

Economic Survey 2013-14: 'End monopoly of wholesale markets, replace coercive state laws'

Some states have introduced barriers to trade within the country through taxation and technical requirements.

State govts should take stern action against hoarders: Jaitley

FM further added that during July-December every year, prices of some food items increase because of hoarding.