Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Saturday, November 4, 2017 10:23:05 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Food inflation is real, denial won`t do

Share your thought
Post a comment »
Read all () »

FOOD inflation is running all time high in the country as average quality rice sells now at Tk 65 per kg compared to around Tk 40 two months back. Vegetable is also selling at twice the price now from two months back. For example, onion now sells Tk 80-85 per kg at consumers' end and this price is just soaring upward. The impact of surging food prices is hitting hard the people. The poor and middle-income people are worst affected and being forced now to cut spending on health care and education for children.

The government leaders say the country has no food crisis avoiding to say how price inflation is devastating the life of the common people. Comments by some Ministers that the price level is within people's buying power as people's income has also increased looks like a joke. The truth is that the Govt stock of rice has reached a dangerous low level of just 4.4 lakh tonnes against the 8 lakh tonnes minimum requirements. Govt's wrong procurement policy is mainly responsible for it

It is true that pay and allowances of the government servants have been doubled in recent time on point of buying their loyalty, but the income of people  working in private sector and self-employed has not increased while surging price of essentials are making their life miserable. A government, which cares little of the well-being of the common, is not paying heed to such situation.

Government leaders blame floods and natural calamities for poor rice production as a cause of the supply shortage of rice and vegetable to market. The government is also importing huge volume of rice and wheat. Deals were signed to import over 27, lakh tonnes in some estimates. But enough imports are not reaching for reasons not known to the people but supply shortage in the market is causing havoc to ordinary people. Many fear dishonest quarters have their hands in the mismatch taking ordinary people hostage in the market.  Imports are reported but not seen enough in the market influencing the price. We believe the slow down in import need to be fairly investigated to see what are the causes impeding arrival of enough import in the country.

Agricultural experts, reported by a daily recently, said that damage to rice and other crops by floods and blast attack made Bangladesh among the worst victims of food shortage. Scientists were able to increase the country's rice production by many times but the government is failing to protect crops from recurring floods and attacks by pests and blasts. The poor performance of the Government Ministries and leadership can't defend their failure but in our political culture nobody accepts blame and leave office to make room for more efficient people to take care of public matters.

Food import offers fertile ground for high corruption at high places. Moreover private importers are also making their fortune while retailers and traders are running monopoly without government intervention to stop hoarding and black mailing people in the market. In our view the index of food inflation is enough for the government to understand how the situation has run out of control. It is time ordinary people must be saved.

Add Rate

News Archive

Inside The New Nation

Football »

Vitoria`s Marcos Valente jumps for the ball with Marseille's Florian Thauvin, left, during the Europa League group I soccer match between Vitoria SC and Olympique de Marseille at the D. Afonso Henriques stadium in Guimaraes, Portugal on Thursday.


Editorial »

Politics of violence and impunity created a climate of easy crime

CENTERING marital dispute a father and his daughter were killed in the city's Badda locality after 12 hours into the murder of a mother and her son in another incident in Kakrail area of the metropolis. Media is flooded every day with news on murder, kidnapping and such other deaths ...

Entertainment »

Rakul Preet takes a detox break with her mom

Rakul Preet is all set to star opposite Sidharth Malhotra in Aiyaary. Soon after the last schedule of the film wrapped up, the actress took off on a short break, far away from the hustle-bustle of the city. Rakul jetted off to a resort in Vizag for a week-long detox ...

City »

Bangladesh Mess Organisation formed a human chain in front of the Jatiya Press Club on Friday with a call to normalize mess rent.


International »

49 pc of Americans think Trump likely committed a crime: Poll

Good Morning America :About half the respondents in a new ABC News/ Washington Post poll suspect that President Donald Trump broke the law during the presidential campaign, and just 3 in 10 Americans surveyed think that alleged wrongdoing ends with those who were charged this week by the special counsel.The ...

Editorial »

Real Estate businessmen should stop from interfering on DAP

WHILE speaking at the consultation meeting on the updating process of Dhaka's DAP (Detailed Area Plan) , organised by Rajuk at its Dilkusha head office on Wednesday, a number of influential Real Estate businessmen said that  Dhaka city needs no wetlands and water retention areas around it for storm drainage ...

International »

US is Iran`s number one enemy : Khamenei

Reuters, Ankara :The United States is Iran's "number one enemy" and Tehran will never succumb to Washington's pressure over a multinational nuclear deal, Iran's Supreme Leader Ayatollah Ali Khamenei said in a televised speech on Thursday.U.S. President Donald Trump broke ranks with other major powers last month by refusing to ...


These CHOCOLATE DRESSES in Paris make you drool

Weekend Plus »

Poet Shamsur Rahman: A key figure in Bengali literature

Literature Desk :Shamsur Rahman (23 October 1929 - 17 August 2006) was a poet, columnist and journalist. He emerged in the later half of the 20th century, wrote more than sixty books of poetry and is considered a key figure in Bengali literature. Major themes in his poetry and writings ...

Weekend Plus »

Abdul Karim Sahityabisharad

Literature Desk :Abdul Karim Sahityabisharad (1871-1953) was a litterateur, historian of Bangla literature and collector and interpreter of old Bangla manuscripts. Born in village Suchakradandi in Patiya Upazila within greater Chittagong, Abdul Karim Sahityabisharad passed his Entrance Examination in 1893 from Patiya High School. He served as a teacher in ...

Cricket »

An agreement was signed between Md Ibrahim Khalil, Head of Marketing of 'Jaflong-Cha', a sister concern of Orion Group and Amzad Hossain, Director of Rajshahi Kings at the office room of Orion Group in the city's Tejgaon on Thursday. Jaflong-Cha is the sponsor of Rajshahi Kings.

City »

Former Adviser to the Caretaker Government Sultana Kamal speaking at a press conference organised by 'Sammilita Samajik Andolon' at the Jatiya Press Club on Thursday with a call to make Bangladesh free from communalism and extremism.

Entertainment »

Alia Bhatt preps up for Gully Boy and Brahmastra

Bollywood's generation next actress Alia Bhatt is known for her impeccable performances in films such as Highway, Udta Punjab and Dear Zindagi to name a few. Mahesh Bhatt's talented daughter will next be seen in Zoya Akhtar's Gully Boy and Ayan Mukerji's Brahmastra respectively. And these big films require a ...

Editorial »

Corruption is corruption and the ACC must be serious

BANGLADESH Bank (BB) received the resignation letters of outgoing Social Islami Bank Ltd. chairman Md Rezaul Haque, executive committee chairman Md Anisul Hoque and managing director Shahid Hossain that they submitted after the a board meeting at the Westin Dhaka hotel amid tight security, as per reports of a local ...

International »

Rifts, recriminations among Catalonia`s separatists

AFP, Barcelona :Catalonia's secessionist politicians have admitted that the region's independence declaration failed and recriminations have started to fly.Five days after the Catalan parliament proclaimed a break away from Spain, the new republic's civil servants were working directly for the central government which imposed direct rule without finding any resistance, ...

Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Write a comment to this news