State Minister for Commerce Ahasanul Islam Titu on Wednesday said that the government is working to find out the real facts of fluctuating commodity prices through market monitoring.
He hoped to implement mandatory mentioning of prices, weight, production date, and species of rice variety in the sacks of rice from next month.
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“We want to organise the market management together. The country will see this change from March 1,” he said.
“Comprehensive measures will be taken from the consumer to the producer level. There will be no harassment by the regulators or the consumer directorate, and supply will be kept adequate,” he said.
Besides, the bags of rice will be labeled with production year, date, production price, wholesale price, and retail price.
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He said that three ministries --Agriculture, Food and Commerce—are taking joint actions.
MCCI President Kamran T Rahman presided over the event. Chairman and Chief Executive Officer (CEO) of Pran Group Ahsan Khan Chowdhury, Chairman of Meghna Group Mostafa Kamal, Chief Executive Officer (CEO) of Transcom Group and MCCI Vice President Simin Rahman, former BASIS President Almas Kabir, among others, spoke on the occasion.