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Food minister: Price of coarse variety rice will not further increase

  • Published at 08:48 pm February 15th, 2017
  • Last updated at 08:48 pm February 15th, 2017
Food minister: Price of coarse variety rice will not further increase
The minister made the statement after a meeting with the Rice Mill Owners’ Association leaders at his ministry conference room on Wednesday. However, the rice import this year was not as high compared to 2016, he added. He said only 37,000 tonnes of rice was imported from India this year. "A section of unscrupulous traders are trying to make a ploy to increase the coarse variety rice prices ...but they will not succeed," said the minister. Even the government rate of coarse variety rice is Tk33 and the market price of has increased by Tk1-1.5 per kg, said the food minister. The current market price of coarse rice is tk36-tk44.
Also Read- 15% duty hike on rice import 
He also said that the price of coarse variety rice is now affordable for common people. Moreover, around 2.5lakh to 3lakh tonnes of coarse variety rice had been imported last year from India without imposing any duty on rice, he said. The minister said the government will never remove the duty on rice import as a section of unscrupulous rice traders are continuously pressurising the government through making the rice market unstable, reports BSS. "We will never allow this as the dishonest businessmen can exploit this opportunity," Quamrul added.