Two bodies should be formed for fixing prices of essentials
Sunday, 5 August 2007
Our Correspondent
CHITTAGONG, Aug 4: Commodity storage should be expanded to keep the prices of essentials at a tolerable level. Side by side, import of the goods from abroad at the government level is required, otherwise it would not be possible to curb the current price spiral in the market.
These were the observations made by the speakers in a view-exchange meeting with the local businessmen organised by the district administration at the Circuit House recently.
Deputy Commissioner (DC) of Chittagong Ashraf Shamim presided over the meeting. Chittagong Chamber of Commerce and Industry (CCCI) Vice President Mahbubul Alam and PHP Group Chairman Mizanur Rahman spoke, among others, on the occasion.
Speaking on the occasion, speakers said two separate committees should be formed for fixing the prices of essential commodities and their monitoring in the local markets. All quarters must be sincere in keeping the prices of essential items at a tolerable level.
They said consumer items including onion, garlic, ginger, etc should be kept in a cold storage so that there were no shortage of goods.
Referring to the price hike in the international market, speakers said prices of the goods might increase further in the upcoming Ramadan. The possibility of declining price level even after the holy month is also bleak.
The CCCI vice president called for taking steps for recovery of looted money worth billions of taka for providing subsidy. He said it would help reducing prices of different items and benefit the general public.
The DC urged the business community to come forward with a mission to reduce the prices to a tolerable level. The government has already taken steps including launching of 'Dal Bhat' programme by the BDR. Cooperation from all concerned is needed for its successful implementation.
CHITTAGONG, Aug 4: Commodity storage should be expanded to keep the prices of essentials at a tolerable level. Side by side, import of the goods from abroad at the government level is required, otherwise it would not be possible to curb the current price spiral in the market.
These were the observations made by the speakers in a view-exchange meeting with the local businessmen organised by the district administration at the Circuit House recently.
Deputy Commissioner (DC) of Chittagong Ashraf Shamim presided over the meeting. Chittagong Chamber of Commerce and Industry (CCCI) Vice President Mahbubul Alam and PHP Group Chairman Mizanur Rahman spoke, among others, on the occasion.
Speaking on the occasion, speakers said two separate committees should be formed for fixing the prices of essential commodities and their monitoring in the local markets. All quarters must be sincere in keeping the prices of essential items at a tolerable level.
They said consumer items including onion, garlic, ginger, etc should be kept in a cold storage so that there were no shortage of goods.
Referring to the price hike in the international market, speakers said prices of the goods might increase further in the upcoming Ramadan. The possibility of declining price level even after the holy month is also bleak.
The CCCI vice president called for taking steps for recovery of looted money worth billions of taka for providing subsidy. He said it would help reducing prices of different items and benefit the general public.
The DC urged the business community to come forward with a mission to reduce the prices to a tolerable level. The government has already taken steps including launching of 'Dal Bhat' programme by the BDR. Cooperation from all concerned is needed for its successful implementation.