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19 June, 2017 10:57:50 AM
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Rice price hike artificial, Tofail tells seminar

Independent Online Desk
Rice price hike artificial, Tofail tells seminar

Commerce Minister Tofail Ahmed on sunday termed the rice price hike an "artificial and temporary crisis" and claimed there is an adequate rice stock in the country.
"There's no shortage of rice supply in the market," he said while addressing a post-budget seminar organised by Bangladesh Krishi Orthonithibid Samiti at Krishibid Institution Bangladesh in the city.
He, however, said the government has decided to import 2.5 lakh metric tonnes of rice to keep the rice market stable and a tender is being floated to import another consignment of 6 lakh metric tonnes of rice.
Tofail said the duty on rice import has been increased to protect farmers' interests and ensure fair price for them, said a handout.
On the proposed budget for the fiscal year 2017-2018, he said no such budget will be passed which might invite sufferings for people. "Everyone will be happy after the budget gets through Parliament."
Tofail said the present government, led by Sheikh Hasina, is working for the welfare of people and will continue its pro-people works.
President of Bangladesh Krishi Orthonitibid Samiti Prof Dr Shamsul Alam presided over the programme.unb

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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