Monday, September 24, 2018 | ePaper

Readers’ Forum

  • Print
BB can take step to reduce rice prices

Last year, the production of rice in haor areas was adversely affected by floods, resulting in increased rice prices. In response, the government withdrew import duty on rice. As the production of rice has been good this year, with adequate supply in the market, it was expected that the prices would be reasonable. However, the prices did not fall partly because of the high import duty that the government has re-imposed. Artificial hoarding of rice by dishonest businessmen is also to blame for this high price.
During the last caretaker government, when something similar happened, Bangladesh Bank instructed all banks to realise loans disbursed to rice millers, and magically, the prices of rice came down within weeks. The BB should take similar steps to protect the interest of the consumers.

Ashraf Hossain
Dhaka

More News For this Category

Discrimination in Jail Code

EMINENT citizens have described the criteria stipulated in the Jail Code for classifying Division I prisoners as irrational and discriminatory since respected citizens in the society are excluded from the

Attack on Iran`s elite guards

IRANIAN Supreme Leader Ayatollah Ali Khamenei accused US-backed Gulf Arab states of carrying out a shooting attack on a military parade that killed 25 people, almost half of them members

Digital Bangladesh to achieve sustainable development

Dr. Foqan Uddin Ahmed :In Bangladesh digitalization started in the year 2008 by the announcement of hon'ble Prime Minister, targeting to achieve sustainable development goal by 2021. Again it was

World River Day : Let's march for the rivers

Dr. Ahmed Kamruzzaman Majumder :"Rivers are the arteries of our planet; they are lifelines in the truest sense" said Mark Angelo, Founder and Chair of BC Rivers Day and World

The deal or the debacle of the century?

Michael Anderson and Sam Ben-Meir :As we wait for Trump to unveil his peace plan to reach an Israeli-Palestinian peace agreement, he has in fact made the prospect of achieving

Readers’ Forum

The US-China "trade war"As a developing nation, we should closely follow developments regarding the ongoing US-China "trade war." There could be consequences of the war, both positive and negative, for

Organic fertilizer use should be encouraged

BALANCED use of fertilizer along with organic fertilizer is a demand of time to increase productivity and fertility of land. Strong monitoring to check the quality of imported potassium, potash

CPJ reveals weakness of journalists by appealing to President

THE Committee to Protect Journalists (CPJ) in a letter to the Bangladesh President has expressed deep concern about the Digital Security Act 2018, which was passed by the Parliament on

Climate change causes mass internal migration

Rayhan Ahmed Topader :Climate change in Bangladesh has started what may become the largest mass migration in human history. In recent years, riverbank erosion has annually displaced between 50,000 and

Another global financial crisis for developing countries

Anis Chowdhury and Jomo Kwame Sundaram :George Soros, Bill Gates and other pundits have been predicting another financial crisis. In their recent book, Revolution Required: The Ticking Bombs of the