Law Relating To Prevention of Black Marketing: International And National Scenario With Reference To India
Keywords:
Regulated production, ManufactureAbstract
Black-marketing emerges after World War II and has kept on increasing day by day. That time it emerged due to scarcity of essential goods. But now it has become an evil to fulfil the illegal greed of money. The greed of earning more and more profits has given a remarkable growth to black-marketing that besides essential commodities or services, black-marketing has touched the ground of terrorism, medical field etc. at international level. These are mostly associated with middle and upper class of society and have added new chapter to criminal jurisprudence.
However a critical analysis of the said laws shows that various legal issues arising due to activities of prevention of Black-Marketing and maintenance of supply of essential commodities, in economy remain untouched by these Laws and attract attention of international community. This paper is a humble attempt to make in depth study of international and Indian law relating to prevention of black-marketing and maintenance of supply of essential commodities and various legal issues which needs immediate attention.
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