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27 April, 2018 12:14:53 AM / LAST MODIFIED: 27 April, 2018 09:47:18 AM
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TCB sale of essentials begins from May 6

Staff Reporter
TCB sale of essentials begins from May 6

The Trading Corporation of Bangladesh (TCB) will start selling essential commodities from May 6 in open markets across the country to keep their prices within tolerable limits ahead of Ramadan, the fasting month for the Muslims. Shab-e-Barat, the night of fortune and forgiveness, will be observed on May 1 and Ramadan is likely to start on May 15 this year. The state-owned TCB will sell five essentials commodities—sugar, lentils, edible oil, grams and dates—to keep their prices stable during the holy month, Ruhul Amin Khan, director (import & administration) of TCB, told The Independent yesterday.

"The month of fasting is likely to begin on May 15. So, the TCB has decided to start selling the five essentials from May 6. It would continue doing so till the day of Eid-ul-Fitr," he said.

The TCB has fixed the prices of essentials: sugar will be sold for Tk. 55 a kg, lentils for Tk. 55 a kg, edible oil for Tk. 425 (five litres), grams for Tk. 70 a kg, and dates for Tk. 120 a kg.

“We have already imported 2,000 tonnes of sugar, 3,000 tonnes of lentils, 2,000 tonnes of grams, and 100 tonnes of dates. Besides, we have some previous stocks,” said the TCB director.

These essential commodities would be sold at subsidised prices, he added.

“The essentials will be sold through 2,784 dealers and 187 trucks across the country. Each dealer will get all the commodities in three instalments, and the consumers could buy a certain amount from the dealer. Besides, the TCB’s selling programme will extend to every divisional headquarters and also at the district level,” said Khan.

He also said the sale from trucks will be done at 35 spots in Dhaka, 10 spots in Chittagong, five spots in each divisional city and two spots in each district town. “Our monitoring teams will be present in these places. Besides, the district administration

will also monitor the situation to prevent any misuse,” he added.

According to TCB sources, the government has given the TCB about Tk. 376 crore as subsidy in five fiscal years from FY2010–2011 to FY2015–2016.

The commerce ministry sources said the annual demand for edible oil is 17.5 tonnes in the country, but 29.2 lakh tonnes were imported last year. Besides, 7.05 lakh tonnes were produced locally. Moreover, 14.31 lakh tonnes of edible oil had been imported in the last eight months. Only 2.5 lakh tonnes of additional edible oil are needed during Ramadan.

The sources said that a total of 19 lakh tonnes of sugar are needed to meet the country’s demand every year. Of this amount, 17.37 lakh tonnes were imported last year, while 3.65 lakh tonnes had been imported in the last eight months and 68,562 tonnes produced locally.

Further, one lakh tonnes of gram are needed annually to meet the national demand. As much as 5.08 lakh tonnes of gram were imported last year, while 1.98 lakh tonnes had been imported in the last eight months. Besides, adequate quantities of onions and other essentials have been stocked.

SI

 

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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.

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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