Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Tuesday, April 24, 2018 01:18:47 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

'Strong monitoring to ensure stable price during Ramzan'

photo by

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

Business Desk :
Home Minister Asaduzzaman Khan, assured that strong monitoring will ensure stable price during Ramzan. He told it at a seminar on "ensuring rational price of essential commodities along with favorable law and order situation during the month of Holy Ramzan" organized by Dhaka Chamber of Commerce and Industry (DCCI) at its Board Room as the chief guest.
Kamal said that law and order situation will be under control during the Ramzan as the law enforcement agencies will remain alert across the country to avert any sort of untoward incident. "Like previous years, mobile Court will also be in operation this year to protect contaminated food and ingredients," he said.
President of Consumers Association of Bangladesh (CAB) Ghulam Rahman was present as the special guest at the function, said a press release.
Asaduzzaman Khan said the government will show zero tolerance to the extortionists, no matter he or she is a police member or civilian.
"Law enforcement agencies will not spare any unscrupulous traders. If a policeman is found guilty or corrupt, the government stands strong against him and take tougher action immediately," he said.
Regarding highway traffic congestion, Kamal urged drivers to abide by all traffic and road safety rules to avoid checking of highway police.
"Due to checking in the highway, it sometime creates gridlock which is true," he said.
He called upon the drivers of heavy vehicles not to carry over loaded goods as it destroys the roads.
DCCI President Abul Kasem Khan in his welcome address said that according to TCB, prices of essential commodities have been increased to 17.51 percent between April and May in 2017, said a press release.
The reasons behind this price spiral were traditional supply chain management, unabated stocking, lack of market monitoring, extortion in transportation sector, excessive traffic congestion, increase of transportation cost. This year the average inflation rate is 5.82 percent and the food inflation is already 7.13 percent. He said people now a days may change their food habit specially in the month of Ramzan as it will help sustainable commodity price in the market. He said if government reduces tariff and duty on essential consumer products, traders will be able to reduce the prices of those goods. He also urged the law enforcement agencies to strongly handle extortion in transportation sector as well as manage traffic jam in the city and highway. Before Ramzan, speedy Customs clearance of essential commodity items mostly used in the month of Ramzan in the ports can ease the price hike.
DCCI Directors Md. Alauddin Malik, SM Zillur Rahman, former Senior Vice-Presidents Abdus Salam, Shekil Chowdhury, former Vice-President Md. Sirajuddin Malik, fomer Director Sharfuddin, Convenor Shamsunnahar, Secretary General of Bangladesh Edible Oil Merchants Association Md. Abul Hashem, Secretary General of Pulse traders Association Shafiqur Rahman took part in the open discussion session. Speakers said that the supply of pulse, sugar and edible oil is quite adequate, so there is no reason of price hike of these products in the upcoming Ramzan. They also urged for market research for identifying supply and demand. They also demanded for separate ferry ghat for specially essential goods laden vehicles. Md. Abul Hashem urged the government to give single digit loan to the wholesalers of essential goods. Transportation cost is increasing day by day which hampers the stable price, he said. Speakers also urged to strengthen Trading Corporation of Bangladesh (TCB). Shekil Chowdhury said we are against the unethical businessmen and we need to create transparent market monitoring mechanism for sustainable supply of goods.

Add Rate

News Archive

Inside The New Nation

Editorial »

Justice delayed justice denied

FIVE years have elapsed after the Rana Plaza collapse in Savar which is known as deadliest garment-factory accident in history, as well as the deadliest structural failure in the modern human history. At least 1136 garment workers were killed on the spot and 1169 received severe injuries when the multi-storied ...

Cricket »

Shakib, Tamim to play for ICC World XI against West Indies

Bangladeshi all-rounder Shakib Al Hasan and top order batsman Tamim Iqbal have been included in the ICC World XI to play West Indies team in a one-off T20I match at Lord's on May 31.The match is being organised to raise fund for the reconstruction of stadiums that were damaged in ...

Sports »

(Left to right)) Uttam Mundy, CEO, PGTI; Arshi Haider, Chairman of bti; Siddikur Rahman, Professional Golfer; Asif Ibrahim, President, BPGA; Johnson Poh, Professional Golfer, Honey Baisoya, Professional Golfer unveiling the bti Open 2018 Trophy on Monday.

Entertainment »

Shilpa Shetty Kundra is Inspirational Celebrity of the Year

A successful wellness guru Shilpa Shetty Kundra is one of cinema’s most loved names. Her rise has nothing short of meteoric. This actress turned entrepreneur has to her credit successful yoga DVDs, a health and fitness channel is also a top-selling selling author of two books based on her mantra ...

Entertainment »

Richa Chadha’s new song look inspired by Parveen Babi’s Jawani Janeman

Actress Richa Chadha is considered to be the front-runner in Bollywood for experimenting with her looks and character in the films she does. Right from playing an old woman Nagma Khatoon in her first commercial success hit, Gangs of Wasseypur series to her soon to release film Daasdev, Richa has ...

City »

President Abdul Hamid receiving an annual audit report from a delegation led by Auditor and Comptroller General Masud Ahmed at Bangabhaban on Monday.

International »

Child rape case heightens India`s Hindu-Muslim divide

AFP, Jammu :The internet is being cut for hours on end in Jammu as authorities try to halt protests that have grown in the Kashmir winter capital since the rape-murder of an eight year old girl opened a new front in India's Hindu-Muslim divide.With near daily protests held across the ...

Editorial »

Govt must answer what happened to the force disappearances

MEMBERS of around 80 families joined a programme under the banner of "Mayer Daak", a platform of disappearance victims' family members, from across the country on April 21st, as per report of a local daily. Speaking at the event, supported by rights activists, family members slammed the state for denying ...

Entertainment »

Alia Bhatt spies on movie goers

Raazi trailer was launched recently. Last week, in partnership with FB & PVR, Alia spied on theatre audiences watching the trailer on the theatre screen and appeared on a two-way facebook LIVE in front of them and interacted with the audience as they could both see each other. This was ...

Football »

Neymar to be at peak of powers at World Cup: Ronaldinho

Xinhua, Rio De Janeiro :Brazil legend Ronaldinho has backed compatriot Neymar to make a full recovery from foot surgery in time for the World Cup in Russia.Neymar has been sidelined since suffering a cracked fifth metatarsal in his right foot while playing for Paris Saint-Germain in late February.He underwent surgery ...

International »

Iran threatens to `vigorously` resume enrichment if US quits deal

AFP, New York : Iran warned Saturday it is ready to "vigorously" resume nuclear enrichment if the United States ditches the 2015 nuclear deal, and said further "drastic measures" are being considered in response to a US exit.Iranian Foreign Minister Mohammad Javad Zarif told reporters in New York that Iran ...

Football »

Chanathip Songkrasin (left) of Consadole Sapporo and Kazuki Nagasawa (right) of Urawa Reds fight for the ball during their J1 League match at Saitama Stadium in Saitama, north of Tokyo on Saturday.

Sports »

Kvitova, Pliskova give Czechs 2-0 lead over Germany

AFP, Stuttgart :Victories by Petra Kvitova and Karolina Pliskova gave the Czech Republic a commanding 2-0 lead over hosts Germany in their Fed Cup semi-final on Saturday. Two-time Wimbledon champion Kvitova needed just over an hour for an emphatic 6-3, 6-2 win over Julia Goerges at the Porsche Arena in ...

Entertainment »

Salman, Katrina all set to leave for tour to USA in June

Salman Khan is one of Bollywood's biggest superstars and over the years he has made a brand out of himself. Everything from his dance moves, clothes, accessories to his attitude and body language is a rage among his fans. Salman was recently proven guilty in the 1998 Blackbuck poaching case. ...

Entertainment »

Shahid to shoot for Batti Gul Meter Chalu

Shree Narayan Singh's Batti Gul Meter Chalu is a social drama that depicts the contradiction between long hours of power cuts and the ironically high electricity bills that dig a hole in the common man's pocket. It narrates the story of a man's fight against power distribution companies. Shahid Kapoor ...

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