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Reactivate TCB

May 24, 2010 00:00:00


Government should promptly take the important decision of fully reactivating the Trading Corporation of Bangladesh (TCB) and acting on it with real speed. TCB's activities were winded up over the years on the plea of free market economy or the principle that government must not be involved in business operations.
But this had proved to be a very wrong decision in the Bangladesh context. It would be nothing wrong or inconsistent for Bangladesh to revive state trading on a large scale through the TCB to import essential commodities in bulk and market them in a bid to break the monopolies of private importers and put them under a pressure to operate ethically to survive in business.
Hemayet Ahmed
Pallabi, Dhaka.

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