• Sunday, Aug 09, 2020
  • Last Update : 03:24 am

Govt plans to import rice to keep market stable

  • Published at 05:09 pm July 7th, 2020
OMS rice sale_Azimpur_Mehedi Hasan_April 2, 2020
People queue up in front of a Trading Corporation of Bangladesh (TCB) truck in Azimpur, Dhaka to buy rice at low price on Thursday, April 2, 2020 Mehedi Hasan/Dhaka Tribune

There has been a bumper production of crops this year and the farmers are getting fair prices, says Food Ministry

The government has planned to import rice, if required, by reducing import duty to keep the market stable and prevent price manipulation.

There has been a bumper production of crops this year and the farmers are getting fair prices, said a Food Ministry hand-out on Tuesday, reports UNB.

If the rice market is destabilized despite this, and millers make delay in supplying rice to the government warehouses defying the deals with them, the government will import rice, if necessary, by reducing import duty, the hand-out added.

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