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Govt to procure edible oil, lentil worth Tk 246cr for TCB

The government has decided to procure edible oil and red lentil for the Trading Corporation of Bangladesh (TCB) at a cost of Tk 246.05 crore.

The procurement includes Tk 142 crore for 90 lakh litres of edible oil and Tk 104 crore for 12,500 metric tonnes of red lentil.

The proposal was approved at the 42nd meeting of the Cabinet Committee on Government Purchase (CCGP) with Finance Minister AHM Mustafa Kamal in the chair on early Wednesday afternoon.

After the meeting, Syed Mahbub Khan, additional secretary of the Cabinet Division presented the details of the meeting to journalists.

He said responding to a proposal of the Ministry of Commerce, the CCGP approved buying of 40 lakh litres of rice bran oil which will cost Tk 63.44 crore. So, each litre will cost Tk 158.50 which was Tk 156.25 earlier. The rice bran oil would be brought from Mazumder Products Limited and Mazumder Bran Oil Limited.

Responding to another proposal of the Ministry of Commerce, the CCGP approved purchasing of 50 lakh litres of soyabean oil. The oil will be bought from Basundhara Multi Food Products Ltd at a cost of Tk 78.61 crore. Each litre of soyabean oil will cost Tk 157.22 which was Tk 154.29 earlier.

Apart from approving two proposals of procuring edible oil, the CCGP also approved purchasing 12,500 metric tonnes of red lentil. The red lentil will be bought from Nabab Foods Limited spending Tk 104 crore. Each kilogram will cost Tk 104 which was Tk 112 earlier.

Meanwhile, the Cabinet Committee on Government Purchase approved a proposal of buying four personal arms carriers for the Rapid Action Battalion (RAB) to “increase its capacity of raid” in response to a proposal of Public Security Division under the Ministry of Home Affairs. In order to purchase the arms carriers in the fiscal 2023-24, it will cost Tk 23.92 crore.

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