Higher price in local markets compared to govt rate: Boro rice procurement target may fail in Rangpur

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Staff Reporter, Rangpur :
Boro rice procurement target may not be achieved in the district during this season due to higher price of rice in local markets compared to that of government rate.
According to sources government procurement drive began in the district on May 1 with a target to purchase 17,648 tonnes of Boro rice in the season.
But so far 220 millers signed contract for supplying 4,905 tonnes of rice which is one fourth of the target, sources alleged. The millers so far supplied only 300 tonnes of rice to government warehouse, sources further alleged.
Sources said, the government decided to buy rice from millers at Tk 34 per kg but presently per kg coarse rice is selling at Tk 44 to Tk 45 in local markets which is higher than government procurement rate. A number of millers said as market price of rice is higher than the government procurement rate they prefer selling rice at local markets instead of selling it to government purchase centers.
Requesting anonymity a rice mill owner said that he has signed a contract to supply 30 tonnes of rice to government godowns.
 If he supplies the rice to government warehouse presently, he will have to incur around Tk 2 to Tk 3 lakh. Whereas he can earn good profit by selling it in local markets, he added.General Secretary of Rice Mill Owners Association, Rangpur Shamsul Alam said he signed a contract to supply 50 tonnes of rice to government godowns. But presently he is not eager to do that because of higher price of rice in local markets than government rate.
District food controller, Shahjahan Bhuiyan said rice procurement drive started in the district last month and it is expected to continue till August 31.
He hoped that the millers would supply rice to government warehouse within the stipulated time.
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