Internet Edition. July 18, 2008, Updated: Bangladesh Time 12:00 AM 
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Steps taken to keep commodity prices stable



Staff Reporter



The government will ask the deputy controllers and the district agriculture officers to take necessary steps for adequate production of vegetables in their areas ensure smooth supply during the month of Ramzan.

Steps will also be taken to ensure increase of production and supply of Milk Vita.

These decisions were taken yesterday at a price-monitoring meeting at Commerce Ministry with its Secretary Firoz Ahmed in the chair. Representatives from FBCCI, DCCI, oil millers, wholesalers, retailers, NBR, BDR and ministry officials attended the meeting.

The meeting was told that price of edible oil in the global market is in decreasing trend. Besides, the stock of edible oil and the import situation is satisfactory. Therefore, there is no logic of price hike of edible oil during the month of Ramzan.

The meeting reviewed the import, supply and price of edible oil, pulse, gram, onion and sugar. Business leaders in the meeting assured the government to work together to keep the commodity price stable during the holy month.

During the meeting, the government side sought cooperation of businessmen so that none could raise commodity price unusually.

The meeting decided to direct the deputy controllers and the district agriculture officers to help increase production of vegetables especially brinjal, cucumber and green chilly to ensure smooth supply. Demand of these vegetables increases several times during the month of Ramzan.

TCB chairman Ziaul Islam, joint secretary of ministry of commerce Mohammad Ali Patwari, FBCCI director Kamal Uddin Ahmed, DCCI vice president Khondker Shahidul Islam, DGM of Meghna Group of Industries Shiekh Rakibul Alam, GM of City Group Bishwajit Saha, general secretary of Bangladesh Wholesale Edible Oil Businessmen Association Abul Hashem, general secretary of Moulovibazar Businessmen Association Golam Moula were present, among others, on the occasion.

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