Tag: rice market

Rice market remains volatile despite huge imports from India

- Mohsin Ali, UNB -

Even after the arrival of 18,800 metric tonnes (MT) of rice from India via Benapole land port in the last four months, market prices remain high, causing hardship for consumers, particularly those from low-income groups. Despite government efforts to stabilise the situation, the price surge continues to strain household budgets. The substantial

OMS will continue till rice market stabilizes: Food Minister

- Times Report -

Selling rice and flour through open market sale (OMS) program will continue until the rice market is stable, Food Minister Sadhan Chandra Majumder said today (September 6, 2022). "The government operates the program for five months - from March to April and September to November - every year and the OMS

Take effective steps to control crazy rice market

- Kamal Ahmed -

Low-income people are at risk the most when prices of daily necessities including rice go up. Especially for those who have lost their jobs during the covid period and those whose incomes have declined, this instability in the market is nothing more than a slap on their poverty-stricken faces. In

Steps needed to stabilise rice market

- Kamal Ahmed -

Rice is the main product of the food basket of the people of Bangladesh. Inflation in the product’s price has been on the rise for a long time. According to the Bangladesh Bank, the point-to-point inflation in rice price in March last year was 3.4 per cent. At the end