Price of rice
To arrest the rising trend of rice price the government has started OMS of rice. Under the open market economy this sort of intervention is appreciable. OMS is a method to arrest the price hike, especially when the situation is not entirely dependent on normal supply and demand.
But instead of continuing OMS at this peak harvesting time, the government should think about the reasons why rice is not cheap at the market at this time? Are there any vested interest groups who are working against the free flow of market? Is any group or syndicate working to manipulate the whole situation?
Under the above context I would like to suggest the authorities to take the following steps for the greater interest of the country:
1. To ensure border security so that no food grains can be smuggled out of the country.
2. Banning the export of food grains.
3. Supervising the activities of our rice millers and traders.
Rice is our main food. But the present government has failed to control its price. Majority of our population is living below the poverty line. I wonder how they will survive when the price of 1kg rice is Tk. 40/-! When will the government take some steps to reduce the price of rice?
Rice is our main food. But the present government has failed to control its price. Majority of our population is living below the poverty line. I wonder how they will survive when the price of 1kg rice is Tk. 40/-! When will the government take some steps to reduce the price of rice?
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