Farmers have been counting about Tk300 in losses per maund as prices this year have fallen drastically
Prime Minister Sheikh Hasina is worried about the declining prices of paddy across Bangladesh.
Agriculture Minister Abdur Razzaque revealed this in addressing the press at a seminar arranged by Bangladesh Climate Change Journalist Forum (BCJF) in Dhaka on Saturday.
He said: "We are looking for ways to address the issue."
Farmers have been counting about Tk300 in losses per maund as paddy prices this year have fallen drastically, reports BSS.
A frustrated farmer even set his crop on fire as a protest and others have urged the government to ensure fair prices.
"We will be forced to stop producing paddy if the situation persists," one of them told the media in Dhaka.
Minister Razzaque said there was not much scope for pushing up prices by subsidized procurement of paddy from farmers.
"It is very difficult to quickly solve this issue. One of the solutions is to export rice. But it will pose a problem if the country is hit by natural calamities.
"Government is trying to address the farmers' issues. A decision about rice export will be taken after high-level discussions."
Replying to a question, the minister urged everyone not to negatively view farmer protests, where one of them set his crop on fire.
"Such protests takes place in many countries," he said. "We do not have food shortages anymore. We now have a food surplus."
The program was chaired by BCJF President, Kawsar Rahman, where Palli Karma Sahayak Foundation (PKSF) Chairman, Dr Qazi Kholiquzzaman Ahmad, was present as special guest.