corporate houses, millers, wholesalers and retailers can’t evade their responsibility for the price hike of rice,” he told BSS. Joint drives will be conducted against the enlisted rice millers by the food department, local administration and national consumers’ right protection directorate,” he said. DAE Director General Badal Chandra Biswas called the rice market situation “an anarchy” and “We need cooperation from all quarters to stop it”. Bangladesh Auto Husking Mill Owners Association president M Abdur Rashid acknowledged that rice price mounted fast in recent weeks claiming that the hike was caused by lack of paddy supplies and less import. Rashid refused allegation of unholy syndication on their part saying “we are doing business amid hard competition, so there is no more existence of syndicate particularly in the rice market”.

Source: Bangladesh Sangbad Sangstha January 31, 2024 15:30 UTC