The price of rice decreased by Tk 5 to Tk 7 per kg

The price of rice decreased by Tk 5 to Tk 7 per kg
The price of rice decreased by Tk 5 to Tk 7 per kg

The price of imported rice has decreased by Tk 5 to Tk 7 per kg since Saturday morning.

288 truck drivers have been released by importers through Hili land port as the government reduced the duty on rice imported from India from 25 percent to 5 percent. The rice market has started to decline as the redeemed rice is sold in the wholesale market in different parts of the country.

Dinajpur Hilli Land Port Customs Department Assistant Commissioner Md. Kamrul Hasan told reporters at his office at 2 o’clock on Saturday, that in the circular issued by the customs department earlier, rice importers from India were subject to 25 percent tax. As the rice market suddenly increased due to hoarders, the Food Department urged importers to import rice and assured them that the tax on rice would be reduced.

Dinajpur Hilli Land Port Import Exporter Association President Md. Harul Or Rashid said on mobile phone on Saturday afternoon, according to the assurance of the Food Department, seven importers of Dinajpur Hilli Land Port opened LC in the first week of August to import rice from India. According to the LC, from 25th to 28th of August, about 9,500 tons of rice was imported from India in 288 trucks. But the Heli land port customs authorities prevented the release of the rice unless the 25 percent duty imposed earlier was paid. When the issue was published in various newspapers, the amount of tax was reduced to 5 percent in virtual discussions like Food Department and Finance Ministry. As a result, from September 1, the process of unloading the rice at Hili Land Port Panama Port started.

From this morning, the freed rice was released to the wholesale market by trucks in different districts of the country. According to the source, the leaders of Hili Import Exporters Association said that the market price of rice has decreased from Rs 5 to Rs 7 per kg. As a result, golden rice is sold at Tk 57 per kg, but it is available in the retail market today at Tk 50 per kg. Miniket rice is sold at Tk 70 per kg but it is available at Tk 65. In this way, according to the type of rice, each rice is being sold at a reduction of 5 to 7 taka per kg.

Rice importer Shah Alam said that they are releasing their imported rice in the market at low profit. Because as per the advice of the Food Department, they released the imported rice in the market, he assured that the rice market will come within the purchasing power of the buyers in a short period of time.

Source: Bass

The article is in Bengali

Tags: price rice decreased

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