Govt mulls alternative agri market to combat syndicates
Once established, farmers to be able to sell their produce directly
The government is mulling opening an alternative agricultural market, which will exist alongside conventional markets, to stop the influence of syndicates, Labour and Employment Adviser Asif Mahmud Sajib Bhuiyan said today (24 October).
Speaking to reporters after inaugurating TCB's mobile truck sales programme in the capital's Tejgaon, he said farmers would be able to sell their produce directly to the alternative market.
Asif also said prices of essentials increase due to syndicates and middlemen, so the government is working to break down such syndicates.
Prices of essentials increase due to syndicates and middlemen, so the government is working to break down such syndicates
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Speaking at the event, Commerce Secretary Mohang Salim Uddin said the government will deal strictly with anyone who raises prices to make excessive profits or creates an artificial crisis.
For that, the government is monitoring all stages of import, production, wholesaling and retailing, he said.
Earlier on Wednesday, the TCB announced that essential items like edible oil, lentils alongside rice provided by the Directorate General of Food will be sold among general consumers at subsidised rates through 50 trucks in the Dhaka metropolis and 20 trucks in Chattogram metropolis while such operations will continue until 30 November.
Under the initiative, each consumer can buy maximum 2 litres of edible oil at Tk100 per litre, 2kg of lentil at Tk60 per kg and 5kg of rice at Tk30 per kg.
A press release said such operations of the TCB could be extended until the inflationary situation comes to a tolerable level.
