Commerce Adviser acknowledges public suffering due to rice price hike

Report by Staff Correspondent

Publish: Thursday, January 09, 2025 06:59 PM

File Photo

File Photo

Dhaka, Jan 09 (V7N) — Acknowledging the suffering of general people due to rice price hike, Commerce Adviser Sk Bashir Uddin has said that the government cut a 60% duty on rice import to keep the local market stable.

He said these while speaking to the reporters after a meeting with his Turkey counterpart Prof Dr Ömer Bolat at the Secretariat on Thursday.


Asked about the preparedness ahead of the Ramadan to keep commodities at tolerable levels, he said: “We are prepared overall with the Ramadan and taking several initiatives on the rice market at this moment. We are relaxing the import while the duty on rice import was about 63%, we have reduced it to 3%.”

"The Ministry of Food has been importing several lakh tonnes of rice from India, Pakistan and Myanmar," said the adviser.

Bashir Uddin assured that there would be no crisis of rice till April as a full season of Aman was going on now.

There has been no inconsistency of any product so far.

Seeking cooperation from the reporters to take actions against syndicates who manipulate the rice market, he said that there was no crisis of the rice market now but the rice price hiked slightly due to the weather, flood and other issues.

Warning of strict action against the manipulators, he hoped that the rice market would be stable soon.

He further said that distribution of rice to 63lakh families who hold TCB smart cards would begin the following week and 50lakh families would also get rice at lower price under the Food-friendly Programme.

Replying to a query, adviser Bashir Uddin said that they scrapped 37lakh smart cards due to corruption as one more member from the same family managed cards through forgery.

"We want to add another 37 lakh cards. If it’s possible to increase it from one crore by bringing transparency in procurement and marketing, we will do that too,” he said.

 

END/MSS/AJ

 

Related Topic:

Comment:

More Article