Q. With reference to ‘Interstate and Intrastate trade & commerce’, consider the following statements:
1. The subject of ‘Inter-state trade and commerce’ is mentioned in the concurrent list under Seventh Schedule of the Constitution.
2. Parliament can impose restrictions on the freedom of trade within a state in the public interest.
3. A bill to impose restrictions on the freedom of trade within a state can be introduced in the state legislature only with the previous sanction of the President.
4. Parliament can appoint an appropriate authority for carrying out the constitutional provisions relating to the freedom of trade in the country.
How many of the above given statements are correct?
Exp) Option c is the correct answer
Articles 301 to 307 in Part XIII of the Constitution deal with the trade, commerce and intercourse within the territory of India.
Statement 1 is incorrect: The subject of ‘Inter-state trade and commerce’ is provided in the Union list under Seventh Schedule of the Constitution.
Statement 2 is correct: Parliament can impose restrictions on the freedom of trade, commerce and intercourse between the states or within a state in public interest. But the Parliament cannot give preference to one state over another or discriminate between the states except in the case of scarcity of goods in any part of India.
Statement 3 is correct: The legislature of a state can imposes reasonable restrictions on the freedom of trade, commerce and intercourse with that state or within that state in public interest. But a bill for this purpose can be introduced in the legislature only with the previous sanction of the president. Further, the state legislature cannot give preference to one state over another or discriminate between the states.
Statement 4 is correct: The Parliament can appoint an appropriate authority for carrying out the purposes of the provisions relating to the freedom of trade, commerce and intercourse and restrictions on it. The Parliament can also confer on that authority the necessary powers and duties. But no such authority has been appointed so far.
