Govt blacklists 16,000 rice millers

Dhaka,  Tue,  25 July 2017
Published : 14 Jul 2017, 01:10:54
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Govt blacklists 16,000 rice millers

‘Stockpiling by them one of the reasons behind price hike’
Some 16,000 rice millers have been blacklisted for illegally hoarding rice, said Food Minister Qamrul Islam on Thursday, reports UNB.

"The government won't procure rice from these millers for the next three years," the minister told a press briefing at the secretariat.

Replying to a question, he said stockpiling the staple food by the vested millers is one of the main reasons behind the rice price hike.

"The prices of different varieties of rice are decreasing after the lifting of tariff on rice import to encourage the private sector," he added.

Dismissing the allegation of shortfall in government stock behind the rice price hike, Qamrul Islam said the government has enough rice in its stock.

Describing the government efforts to ensure adequate rice supply to meet the demand, he said the government's rice stock will reach 0.8-1.0 million tonnes in August next, while 1.2 million tonnes in September.

At present, the government is allocating rice for relief for the flood-affected people, he said.

BSS adds: The country's rice stock will be increased to 1.0 million (10 lakh) tonnes by August to ensure supply of the staple food-grain and meet any emergency demand, Food Minister Qamrul Islam said.

"There is no food crisis in the country", the minister asserted at the press conference.

According to the minister, 110 thousand tonnes of rice would reach Chittagong Port from Vietnam by July when another 180 thousand tonnes would come in August.

"The government is procuring a total of 2.5 lakh tonnes (250 thousand tones) of rice from Vietnam on G2G (government to government) contract basis, of which 20 thousand tonnes arrived in the outer anchorage of the Chittagong Port," the minister said.
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