Food Minister Qamrul Islam said on Thursday that they will not procure rice from these millers for the next three years. "The only reason behind spiralling rice prices was stockpiling by unscrupulous traders following the flash floods in the haor area," he said at a media briefing at the ministry. Islam said the government's target for procuring rice hit snags for the 'huge difference' between the market price and the government-fixed rate of Tk 34 for a kg. More to follow

Source: bd News24 July 13, 2017 10:07 UTC