Strict measures if the price of onion rises: Ministry of Commerce



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The Commerce Ministry has warned that strict legal action will be taken if onion stocks sell at higher prices. The photo was taken from the Karwan bazaar in the capital on Monday. Photo: Mohammad Ibrahim

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The Commerce Ministry has warned that strict legal action will be taken if onion stocks sell at higher prices. The photo was taken from the Karwan bazaar in the capital on Monday. Photo: Mohammad Ibrahim

The Commerce Ministry has warned that strict legal action will be taken if onion stocks sell at higher prices.

The ministry said the country has sufficient onion stocks. Imports are normal. There is no compelling reason for the onion crisis or the price increase. The government will take strict measures in accordance with the law if an attempt is made to increase the price of onion by creating an illegal reserve or an artificial crisis.

The warning came at a meeting of the committee of the Ministry of Commerce’s working group against onion storekeepers and those causing artificial crises. This information has been reported in a press release from the Ministry of Commerce on Monday.

The meeting was chaired by the chairman of the committee of the working group of the Ministry of Commerce and the Ministry of Commerce. Maryland. Zafar Uddin. The Additional Secretary of the Ministry of Commerce (Exports) was present at the meeting. Obaidul Azam, Additional Secretary (Import) said. Hafizur Rahman, Director General of the National Department for the Protection of Consumer Rights Bablu Kumar Saha, President of the TCB, Brigadier General. Members of the task force committee, including Ariful Hasan.

The current trade and commerce of the country were discussed at the meeting. The meeting reviewed the stock, supply and price situation of commodities. The meeting discussed onion stocks, import and supply and the price situation. The country has sufficient stocks of onions and imports are normal. The meeting also said there was no compelling reason for the onion crisis or the price hike.

The press release further said that the government will take strict measures in accordance with the law if an attempt is made to increase the price of onion by creating an illegal reserve or an artificial crisis.

The monitoring team of the Ministry of Commerce, National Department of Consumer Protection, has further intensified the monitoring of the market, according to the statement. To keep the supply and price of onions normal, the Trade Corporation of Bangladesh (TCB) under the Ministry of Commerce will immediately start selling onions at affordable prices through truck sales on the open market, until new onions come out to the market. market.



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