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Govt to control wayward edible oil prices

Govt plans to import 10 lakh tonnes of rice

The government will import at least 10 lakh tonnes of rice from different countries to boost the food grain reserve amid growing concerns over the second wave of the Covid-19 pandemic. The decision came at a time when prices of the staple keep soaring in both retail and wholesale markets and the food grain reserve has dwindled to seven lakh tonnes, almost half of the reserve in the same time last year. Food Secretary Nazmanara Khanum said the country does not have much shortage of rice against demand. But we have decided to increase rice import at government level, keeping the second wave of Covid-19 in mind, because the government may have to go for food intervention [distributing food free of cost or at reduced price], she told The Daily Star yesterday.

Rising rice price warrants immediate intervention

Rising rice price warrants immediate intervention
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