BFTI
Bangladesh Foreign Trade Institute, a non-profit research and training institution, has been given the task of monitoring the prices of essential commodities, by the government. The government also wants it to act as think-tank dealing with external trade issues and with internal ones as well. BFTI, as depicted by its name, has no experience of dealing with internal trade issues, especially in essential commodities. As such, as an ordinary citizen, I would like to offer it the following points for its consideration: Find out, the reason for the gulf of difference in prices in the producer-end and consumer-end, especially for vegetables, the reason for abnormal price difference of essential commodities from season time to off-season time; determine how to facilitate the producer to get the price with reasonable profit over production cost, state how to regulate the middlemen to limit their sky-high profiteering. As the BFTI now gets the vital job of dealing with internal trade issues for the nation, I think it should be got more experts and should be renamed as Bangladesh Foreign and Local Trade Institute, BFLTI.
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