• Wednesday, Nov 20, 2019
  • Last Update : 06:38 pm

Tipu: Business syndicates working against hide prices

  • Published at 12:56 pm August 14th, 2019
Commerce Minister Tipu Munshi
File photo of Commerce Minister Tipu Munshi Mehedi Hasan/Dhaka Tribune

The government will take measures to ensure that the leather industry does not lag behind, he added

Commerce Minister Tipu Munshi has blamed business syndicates for the low prices of raw hides of sacrificial animals during the Eid-ul-Azha.

“We had fixed the price of raw hide, ahead of Eid-ul-Azha, after consulting with leather traders, but unfortunately the price that came out in the market was extremely low and  unacceptable. Hence, we decided to export raw hides,” he said while speaking to journalists at his residence in Shalbon area of Rangpur city on Wednesday. 

“Whenever we take an initiative in this regard, we find that there is resistance against it,” he added.

The minister also said that the government will take further measures to ensure that the country’s leather industry does not lag behind the others. 

Apart from journalists, senior leaders of Awami League in Rangpur were also present during the event.