The minister said the prices of onion should be at a level where the farmers could get fair prices
The government paid Tk150 air fare for importing a kg onion, said the Commerce Minister Tipu Munshi yesterday.
The minister said considering the well-being of the people government decided to bear the higher air cargo fee for supplying onion at affordable prices.
“There is no set standard about how much profit a trader could make out of his investment. So when India stopped onion export on September 29, the small traders doubled the prices overnight. Without the cost, around Tk150 was spent on air fare for importing onion,” he said at a seminar organized by the Bangladesh Competition Commission at the TCB Bhaban in the capital.
The minister said the prices of onion should be at a level where the farmers could get fair prices.
“There should a balance in onion prices where farmers get fair prices and people also can buy at reasonable rates,” he said.
The price of onion was around Tk250-270 a kg in different kitchen markets in the capital in recent times. The new Murikata onion was retailing for Tk180-200 a kg last week.
Bangladesh Competition Commission Chairman Md Mofizul Islam, General Economics Department Member Samsul Alam, Commerce Secretary MD Zafar Uddin and Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh Fazle Fahim also spoke on the occasion, among others.