Too little, too late? - News Summed Up

Too little, too late?


Too much rice in the country Mehedi Hasan/Dhaka TribuneWhat can the government do to help our rice farmers? There are dual forces at play -- those that increase costs of production and those that lower market prices. 40% of the final market price benefits millers and other private sector intermediaries. But this may be too late as a huge volume of rice has already been imported. When the market price falls below that price, the government purchases stocks directly from farmers at the predetermined price.


Source: Dhaka Tribune June 02, 2019 15:56 UTC



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