Commerce ministry forms task force to prevent hoarding, curb commodity price hikes

The commerce ministry has fashioned a 9-member assignment power to forestall hoarding of issues in tall kitchen markets, godowns, cold storage and diverse phases of the provide chain with an purpose to protect the costs of on daily basis requirements at an cheap diploma.

The ministry’s Commodity Impress Overview and Forecasting Cell issued a notification in this regard this present day (7 October).

The duty power will be headed by an additional district commissioner as the convener.

Other participants consist of, an additional superintendent of Bangladesh Police, a district meals controller or an applicable marketing consultant, a district cattle officer, a district fisheries officer, an agricultural marketing officer, a Shoppers Association of Bangladesh (CAB) marketing consultant, two pupil representatives and an assistant director of the Directorate of Nationwide User Rights Protection (DNCRP).

An officer of the DNCRP will support as the member secretary of this assignment power that can work in all districts of the country.

The formation of the assignment power comes as costs of some on daily basis requirements, together with inexperienced chillies, eggs, rice and vegetables, continued to upward thrust in contemporary months.

In step with the ministry notification, the assignment power will essentially work to protect the price of on daily basis requirements in the market at an cheap diploma. For this motive, kitchen markets, warehouses, godowns, and cold storages will be inspected on a usual basis.

The duty power will guarantee that that value differentials from producer to user are saved at a minimal and must quiet support discussions with all stakeholders concerned.

After on daily basis monitoring, this committee will provide recordsdata to the Commodity Impress Overview and Forecast Cell of the ministry and the DNCRP every day.