TCB to supply essentials at fair price during Ramadan

Rashidul Hasan
Trading Corporation of Bangladesh (TCB) will supply daily essentials including oil, lentil and sugar at a fair price across the country during Ramadan, said officials of the commerce ministry. The special arrangement will start seven days before the Ramadan and continue until seven days after it ends to prevent price hike of essentials, the officials told the parliamentary standing committee on commerce ministry at a meeting at the Jatiya Sangsad Bhaban. "We have asked the ministry officials to take measures so that general people do not face supply shortage and price hike of essentials during Ramadan," ABM Abul Qasem, chief of the parliamentary body told this correspondent after the meeting. The ministry and TCB officials were also asked to build up a stock of essentials before the holy month, he added. Besides the prime minister, the committee will oversee the market situation to avert any manipulation intended to increase prices of essentials when demand for those goes up, said Qasem, a ruling Awami League MP. The ministry officials informed the committee that TCB will supply oil, sugar, lentil, chickpea and other essentials to consumers through their dealers. Several members of the committee warned Commerce Minister Faruk Khan that the government will face huge criticism if it fails to control prices of essentials especially during Ramadan, meeting sources said. In reply, the minister assured the committee of taking all necessary measures to control the market, added the sources. On providing incentives to potato exporters, the ministry told the meeting that 20 percent incentive will be given to them for at least next five years to encourage potato exports.