Poster in Jun 08, 2022 02:42:40

Meeting at the Consumer Department: Announcing the campaign of paddy market and rice mill

Meeting at the Consumer Department: Announcing the campaign of paddy market and rice mill

The National Consumer Rights Protection Department has said that it is preparing for the campaign to keep the price of rice stable. The government agency said that a case will be filed against someone if there is evidence of illegal stockpiling and manipulation.

AHM Safiquzzaman, director general of the department, said this at an exchange meeting on the current market of rice held at the company's Karwan Bazar office on Monday (June 6, 2022). He alleged that a group was spreading panic by spreading misleading information at that time.

The meeting was attended by rice wholesalers and retailers of three major rice markets of the capital Babu Bazar, Karwan Bazar and Mohammadpur Krishi Bazar as well as representatives of various corporate houses including Mill Owners, City Group, Pran Group, Akij Group, Meghna Group, Bangladesh Edible Oil. Representatives of corporate houses claim that the rice market is not involved in instability.

However, the wholesalers and retailers present at the meeting blamed each other for the instability in the rice market. He also expressed concern that the situation could become more complicated if the dominance of corporate companies in the market increases. However, corporates say they do not have the market share.

Meanwhile, Food Minister Sadhan Chandra Majumder has said that rice will be imported privately to keep the rice market normal. After the meeting of the Food Planning and Containment Committee (FPMC) yesterday (June 6, 2022), he said, "It has been decided to import rice privately today (June 7, 2022) to keep the market stable."

|Source: Online/SZK

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