Economic Reporter :
Commerce Secretary Md Jafar Uddin on Saturday said that the government has formed a special committee to keep the prices of daily essentials stable during the holy month of Ramadan.
“The committee members will sit in meeting on every Sunday after monitoring the market during the holy month,” he said this at a press briefing at the conference room of Directorate of National Consumer Rights Protection (DNCRP) in the capital.
Jafar Uddin said a total of 28 teams will monitor the wholesale and retail markets across the country.
“I will lead a team of 7-8 members in the upcoming month. We have taken it as a challenge to keep the market of daily commodities stable this year. Because, we don’t want to create burden on general people,” he added.
He also said the capacity of Trading Corporation of Bangladesh (TCB) has been increased by ten times compared to the last ten years to keep the market stable TCB Director General Bablu Kumar Shaha said their institution has been able to gain public trust by their previous activities. “We took many programmes to celebrate the World Consumer Rights Day, 2020 but it will be observed on small scale on Sunday due to coronavirus fear,” he also said.
Commerce Ministry sources said the government will sit with the stakeholders at the end of this month to devise strategies for keeping supplies and prices of essential items stable in the country during upcoming Ramadan.
The ministry will sit with over 45 trade associations and stakeholders on March 27 to devise a plan ahead of Ramadan so that prices of key essential items remain stable during the holy month of fasting.
The meeting will review the prices of essential items in the city kitchen markets.
Usually, common people suffer a lot due to unusual hike in prices of some key essential items, especially onion during Ramadan and Eid-ul-Azha in the country.
The government should take special measures to ensure an adequate supply of onion in the markets so that its price remains stable during the month of Ramadan, consumers said.
“We have taken initiatives to keep the prices of essential items stable throughout the year. We will sit at the end of this month to analyse the price-and-supply situation of the commodities,” a official of the commerce ministry said.
Presently, both prices and supplies of various essentials in the capital city remained stable, he said, adding that the situation would have to be kept under control during Ramadan in the interests of the common people. In the meeting, necessary steps would be taken to stabilise the prices of garlic, sugar, edible oil, onion, date and gram during Ramadan.
Representatives of different ministries concerned, departments, agencies and trade bodies will attend the meeting.
However, the government will also take a decision to launch open-market sale (OMS) of key essentials such as sugar, soybean oil, lentils, gram and date aiming to keep their prices within the buying capacity of the common people during Ramadan when prices of these mass-consumed items are usually jacked up.
Trading Corporation of Bangladesh (TCB) will go rationing essential items in different parts of the country during the period, using trucks in Dhaka, Chattogram, divisional cities and district towns.
It sells some commodities such as sugar, soybean oil, lentils, gram and date, according to TCB.
Commerce Secretary Md Jafar Uddin on Saturday said that the government has formed a special committee to keep the prices of daily essentials stable during the holy month of Ramadan.
“The committee members will sit in meeting on every Sunday after monitoring the market during the holy month,” he said this at a press briefing at the conference room of Directorate of National Consumer Rights Protection (DNCRP) in the capital.
Jafar Uddin said a total of 28 teams will monitor the wholesale and retail markets across the country.
“I will lead a team of 7-8 members in the upcoming month. We have taken it as a challenge to keep the market of daily commodities stable this year. Because, we don’t want to create burden on general people,” he added.
He also said the capacity of Trading Corporation of Bangladesh (TCB) has been increased by ten times compared to the last ten years to keep the market stable TCB Director General Bablu Kumar Shaha said their institution has been able to gain public trust by their previous activities. “We took many programmes to celebrate the World Consumer Rights Day, 2020 but it will be observed on small scale on Sunday due to coronavirus fear,” he also said.
Commerce Ministry sources said the government will sit with the stakeholders at the end of this month to devise strategies for keeping supplies and prices of essential items stable in the country during upcoming Ramadan.
The ministry will sit with over 45 trade associations and stakeholders on March 27 to devise a plan ahead of Ramadan so that prices of key essential items remain stable during the holy month of fasting.
The meeting will review the prices of essential items in the city kitchen markets.
Usually, common people suffer a lot due to unusual hike in prices of some key essential items, especially onion during Ramadan and Eid-ul-Azha in the country.
The government should take special measures to ensure an adequate supply of onion in the markets so that its price remains stable during the month of Ramadan, consumers said.
“We have taken initiatives to keep the prices of essential items stable throughout the year. We will sit at the end of this month to analyse the price-and-supply situation of the commodities,” a official of the commerce ministry said.
Presently, both prices and supplies of various essentials in the capital city remained stable, he said, adding that the situation would have to be kept under control during Ramadan in the interests of the common people. In the meeting, necessary steps would be taken to stabilise the prices of garlic, sugar, edible oil, onion, date and gram during Ramadan.
Representatives of different ministries concerned, departments, agencies and trade bodies will attend the meeting.
However, the government will also take a decision to launch open-market sale (OMS) of key essentials such as sugar, soybean oil, lentils, gram and date aiming to keep their prices within the buying capacity of the common people during Ramadan when prices of these mass-consumed items are usually jacked up.
Trading Corporation of Bangladesh (TCB) will go rationing essential items in different parts of the country during the period, using trucks in Dhaka, Chattogram, divisional cities and district towns.
It sells some commodities such as sugar, soybean oil, lentils, gram and date, according to TCB.
