Timely decision by TCB

The recent news on TCB's drive to keep Ramadan market cool is good news for common people. The Trading Corporation of Bangladesh (TCB) will build up a stock of five Ramadan essentials in order to ensure smooth supply during the holy month. The five items are edible oil, sugar, lentil, gram/chickpea and date, the demand of which skyrocket during Ramadan.

It is common during Ramadan that the price of essentials goes beyond common people's purchasing power. The TCB chairman told that there had been no problem over the last few years at the time of Ramadan and it will continue during the following Ramadan.

By keeping in mind the Ramadan crisis, the TCB has been increasing stocks gradually to ensure uninterrupted supply of essentials. The first instalment of essentials will be released 15 days ahead of Ramadan; the second in the first week while the third in the middle of Ramadan.      

Unscrupulous businessmen form business syndicate to earn maximum profit margin by using bad practices at the time the holy month of Ramadan. The government should take necessary preparation to keep prices of essentials stable and within the commoner's reach during this month. At the same time, the TCB should monitor and control any kind of artificial crisis during the time.

Mozaharul Islam

Treasury Division

Rupali Bank Limited

Dhaka

Mozahar.2013@yahoo.com