The New Nation - Internet Edition

Staff Reporter

The government will strengthen Trading Corporation of Bangladesh (TCB) to stabilise the market of import based six types of essential commodities, Commerce Adviser Hossain Zillur Rahman yesterday said.

He was talking to the reporters in the sidelines of a view exchange meeting on turning the TCB into a public limited company at the Commerce Ministry auditorium.

Zillur said, "Prices of some essential commodities here increased remarkably earlier this fiscal. TCB couldn't play its role in time as the organisation was inactivated by the previous governments."

"By turning the TCB into an independent organisation, the government would be in control of the essential commodities market like edible oil, ata and flour, onion, sugar, pulses and powder milk," the Commerce Adviser said.

The government has already formed a working group in this regard, the Education Adviser said, "The group will formulate in a action plan by reviewing working profiles of such organisations like Indian State Trading Corporation," he added.

He informed that the existing TCB has Tk 100 crore cash deposit, 42 bigas of land and four zonal offices across the country. "So, it will be possible to turn TCB into an independent organisation," Zillur pointed out.

Earlier, Hossain Zillur met the senior officials of TCB and Commerce Ministry.