65.7pc people’s income drops amid pandemic

Staff Correspondent

23 April, 2021 12:00 AM printer

The income of 65.71 per cent of people has decreased during the coronavirus pandemic, according to a new survey.

On the other hand, 37.14 per cent of people have been fulfilling their essential needs through taking loans from different sources, according to the survey.

Commerce Minister Tipu Munshi was the chief guest at the webinar in which the study titled 'Rising Commodity Prices and Impact on Food Consumption' was unveiled conducted by the 'Right to Food Bangladesh'.

Low-income people including day-labourers, rickshaw pullers, roadside hawkers are facing the real burn of lockdown.  The recent rise in the price of essentials is an additional and unbearable burden to the poor, according to the survey.

Speaking as the chief guest, Commerce Minister Tipu Munshi said, “Now we are passing through a unusual time. People's incomes have declined, as well as rising prices of essential commodities, including food, have put poor people at risk.”

“We have taken initiatives to sell food items in the open market through TCB. At present, the prices of oil, sugar, onion and other commodities are rising in the international market, which is also affecting the domestic market. The Ministry of Food, Agriculture and Commerce is working from its place to reduce prices,” said the minister.

Mohsin Ali, general secretary of the Right to Food moderated the programme, Dr. Nazneen Ahmed, Senior Research Fellow of Bangladesh Institute of Development Studies highlighted different aspects of the survey report.

 


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