Tuesday, May 21, 2019 | ePaper

Govt plans to export 1m tonnes of surplus Boro rice

  • Print
Economic Reporter :
The government is planning to export around 1 million tonnes of surplus Boro rice production after meeting the domestic demand.
Agriculture Minister Abdur Razzaque disclosed the information at a media briefing on Tuesday.
The government will hold a discussion with stakeholders in the next 15 to 20 days after the harvest of the crop to determine whether 5-10 tonnes of Boro rice can be exported this year, he said.
"There won't be any inconvenience if we export the rice. We'll be able to enter the international market which will enhance the country's image."
It is possible to import rice in case of any problem after the export, said the minister.
There will be an adequate surplus of Boro rice if the yield is managed properly, added Razzaque.
"We can export the surplus after ensuring food security in the country." But Razzaque could not provide an exact figure of surplus rice at the briefing.
The government is procuring 1 million tonnes of boiled Boro rice at Tk 36 per kg this year, which is Tk 2 less than last year.
It will procure 150,000 tonnes Boro rice at Tk 35 per kg, 150,000 tonnes of Boro crop at Tk 26 per kg and 50,000 tonnes of wheat at Tk 28 per kg from Apr 25 to Aug 31, Food Minister Sadhan Chandra Majumder had said earlier.

More News For this Category

Premier Bank Limited organizes a workshop on

Premier Bank Limited organizes a workshop on "'Skills and Training Enhancement' for branch officials at its Training Institute recently. Md. Abul Bashar, GM of Financial Inclusion Division, H. M Rafiqul Islam, Joint Director of Bangladesh Bank, Managing Director M. Reazul Karim, (FCMA), Additional Managing Director Golam Awlia and Head of Agent Banking Division Mohammad Shamim Morshed of Premier Bank were also present.

.

Consumers demand protection for Bidi industry

Business Desk :"As long as there are cigarettes in the country, Bidi will remain," said Bangladesh Bidi consumers (Bangladesh Bidi Bhokta pokkho) on Monday at a press conference held

Explanation of BAEC over media report on salaries of RNPP employees

Bangladesh Atomic Energy Commission (BAEC), as the implementation organisation of the project and owner of the company, stated that fake, baseless news on salaries of the employees of the

S Korea to invest $6m in Mongla EPZ

S Korea to invest $6m in Mongla EPZ

Economic Reporter :South Korean company Hwashin (BD) Limited will invest US$ 6 million to establish a cosmetics accessories industry in Mongla Export Processing Zone (EPZ).In this regard, an agreement

Nasir A. Chowdhury, Advisor and Founding Managing Director of Green Delta Insurance Company (GDIC), inaugurating a new office premises for Professional Advancement Bangladesh Ltd (PABL), a subsidiary of GDIC at Gulshan-1 in the city on Monday. Keith Richards (MD & CEO of Engagement & Personal Finance Society, CII UK) and Farzanah Chowdhury, Chartered Insurer (CEO of GDIC) were also present.

Nasir A. Chowdhury, Advisor and Founding Managing Director of Green Delta Insurance Company (GDIC), inaugurating a new office premises for Professional Advancement Bangladesh Ltd (PABL), a subsidiary of GDIC at Gulshan-1 in the city on Monday. Keith Richards (MD & CEO of Engagement & Personal Finance Society, CII UK) and Farzanah Chowdhury, Chartered Insurer (CEO of GDIC) were also present.

.

BSMRMU, University of Hawaii sign for tourism research

Economic Reporter :A Joint Research Project was signed among Bangabandhu Sheikh Mujibur Rahman Maritime University of Bangladesh, University of Hawaii of USA and America's renowned tourism operator Connected Planet

DIU introduces guardian insurance policy

Economic Reporter :Daffodil International University in association with Pragati Life Insurance has introduced an insurance policy titled 'Guardian's Insurance Policy' for the students who have unfortunately lost their guardians.

Stocks return to downward trend again

Economic Reporter :Stocks on Monday witnessed a bearish session as all indices on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) returned to red breaking a two-day gaining

Cardamom, garlic, ginger prices soar

Cardamom, garlic, ginger prices soar

Al Amin :The prices of cardamom, garlic and ginger have increased in the city's kitchen markets just ahead of the Eid-ul-Fitr. The prices of these cooking ingredients are hitting

Mohammed Monirul Moula, Managing Director (Current Charge) of Islami Bank Bangladesh Limited, inaugurating the Iftar distribution program for Traffic Police at its head office on Sunday.  Tareq Ahmed, Additional Deputy Commissioner of Police, Traffic East Division, Motijheel Zone, Mohammad Ali, Abu Reza Md. Yeahia and Hasne Alam, Deputy Managing Directors and Md. Saleh Iqbal, Senior Executive Vice President of the Bank were also present.

Mohammed Monirul Moula, Managing Director (Current Charge) of Islami Bank Bangladesh Limited, inaugurating the Iftar distribution program for Traffic Police at its head office on Sunday. Tareq Ahmed, Additional Deputy Commissioner of Police, Traffic East Division, Motijheel Zone, Mohammad Ali, Abu Reza Md. Yeahia and Hasne Alam, Deputy Managing Directors and Md. Saleh Iqbal, Senior Executive Vice President of the Bank were also present.

.