Govt to procure 1.5m tonnes of grains

Dhaka,  Tue,  30 May 2017
Published : 16 Apr 2017, 16:40:42
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Govt to procure 1.5m tonnes of grains

The government plans to buy 1.5 million tonnes of grains during the Boro crop season this year, a 15 per cent rise from last year.

Food Minister Qamrul Islam revealed the plan on Sunday after a meeting at secretariat on Sunday, reports bdnews24.com.

The minister said that 800,000 tonnes of rice and 700,000 tonnes of paddy would be purchased at Tk 34 per kg and Tk 24 respectively.

Procurement will continue from May 2 to August 31.

Last year the government purchased 700,000 tonnes of Boro rice at Tk 32 per kg and 600,000 tonnes of paddy at Tk 23.

The government will also buy 100,000 tonnes of wheat at Tk 28 per kg between Apr 18 and Jun 30.

“The production cost of wheat per kg was this year around Tk 28,” said the food minister.
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