If things are bad, there must be a good reason for it.
Floods, low rainfall and then fertiliser price hike -- the woes of farmers just won’t stop. And now, they will have to bear the brunt of a sudden 42.5 percent rise in diesel cost, which is likely to make them spend an additional Tk 4,000 in irrigation for per hectare Boro production.
The world is going through one of the worst energy crises in recent times, even if we compare it to the situation that arose out of the 1973 Arab oil embargo.
Realtors today said the cost of various raw materials, including rod and lift, will increase in the next fiscal year because of the increase in value added tax and customs tariff.
Prices of essentials are rising, and most worryingly, the price of rice is completely uncontrolled in the domestic market. Despite this being peak season and sufficient paddy supply, rice prices rose by Tk 8 to 10 per kg in the last two weeks.
Price hikes despite the high yield of Boro rice totally unacceptable
Prime Minister Sheikh Hasina has given directives to take immediate action against rice hoarders.
The prices of fine rice have gone up in the capital’s wholesale and retail markets, aggravating the suffering of the people from middle-income families who are already struggling to meet their household expenses due to spiraling prices of essentials, including edible oil and lentil.
An annoyed Shovon Das was walking home with a five-litre bottle of soybean oil from Shaheb Bazar in Rajshahi city yesterday afternoon. He had paid Tk 985 for it even though the government set the price at Tk 760.
If things are bad, there must be a good reason for it.
Floods, low rainfall and then fertiliser price hike -- the woes of farmers just won’t stop. And now, they will have to bear the brunt of a sudden 42.5 percent rise in diesel cost, which is likely to make them spend an additional Tk 4,000 in irrigation for per hectare Boro production.
The world is going through one of the worst energy crises in recent times, even if we compare it to the situation that arose out of the 1973 Arab oil embargo.
Realtors today said the cost of various raw materials, including rod and lift, will increase in the next fiscal year because of the increase in value added tax and customs tariff.
Prices of essentials are rising, and most worryingly, the price of rice is completely uncontrolled in the domestic market. Despite this being peak season and sufficient paddy supply, rice prices rose by Tk 8 to 10 per kg in the last two weeks.
Price hikes despite the high yield of Boro rice totally unacceptable
Prime Minister Sheikh Hasina has given directives to take immediate action against rice hoarders.
The prices of fine rice have gone up in the capital’s wholesale and retail markets, aggravating the suffering of the people from middle-income families who are already struggling to meet their household expenses due to spiraling prices of essentials, including edible oil and lentil.
An annoyed Shovon Das was walking home with a five-litre bottle of soybean oil from Shaheb Bazar in Rajshahi city yesterday afternoon. He had paid Tk 985 for it even though the government set the price at Tk 760.
The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association today said it will take action against the dealers if their involvement is found in creating an edible oil crisis.