Sunday, 17 October, 2021

‘Price commission needed to ensure fair prices’

  • Staff Correspondent
  • 1 October, 2021 12:00 AM
  • Print news

Food Minister Sadhan Chandra Majumder emphasized the need to form a price commission to ensure fair prices for farmers and consumers.

He said the high profit making tendency among some businessmen can be controlled if a price commission is formed.

“Prices of rice soar occasionally due to the high profit making tendency of the businessmen. If a price commission is formed, this tendency will be controlled,” said food minister at a webinar on Thursday.

Right to Food Bangladesh organized the webinar titled “Food Production, Imports and Market Situation: Perspectives on the Right to Food”.

According to the minister, food commission will ensure fair prices for both farmers and consumers.

He said, “Rice is imported to curb the manipulation of illegal stockers.”

The minister said, “The government has taken steps to increase rice stock capacity to control rice prices.”

In addition to building 200 silos across the country, the capacity will be expanded by repairing food warehouses also, he said.

Sadhan Chandra Majumder said, “The commerce ministry plays a major role in monitoring the market. The food ministry also monitors but the main role of it is to officially procure paddy from farmers and keep the food supply running.”

He said the government buys paddy directly from real farmers so that the middlemen do not have access to the food warehouses.

The food ministry is issuing food grade licenses to prevent violence against middlemen, the minister said.

Chairman of Palli Karma-Sahayak Foundation (PKSF) and Right to Food Bangladesh Qazi Kholiquzzaman Ahmad presided over the webinar.

Director General of Bangladesh Rice Research Institute (BRRI) Md Shahjahan Kabir and economist of United Nations Development Programme (UNDP) Bangladesh Dr. Nazneen Ahmed also spoke.

Bangladesh Agricultural Journalist Forum (BAJF) general secretary Shahanuare Shaid Shahin presented the keynote paper at the webinar.