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Download PDF An inter-ministerial committee yesterday recommended taking legal actions against those involved in jacking up the prices of several essential commodities, especially soya bean oil and onion.
To bring the prices down to tolerable levels, the committee placed a number of recommendations, including formation of Price Commission, for consideration of the caretaker government.
The committee tasked with monitoring essentials’ prices in a meeting reviewed the reasons behind the price spiral of essential commodities, and found the abnormal price rises “illogical”.
After taking stock of the price situation, the committee called upon the businesspeople to fix the selling prices of essential commodities “at reasonable rates, making less profit”.
Market surveys have found prices having increased every day or every alternate day. Particularly, the prices of the cooking oil, onions and powdered milk have shot up beyond the reach of common consumers.
Prices of some essential medicines also skyrocketed.
The inter-ministerial meeting made stocktaking of supply, stock and overall price situation of the essential commodities.
Additional Secretary of the Commerce Ministry Golam Mostakim chaired the meeting at the commerce ministry.
The meeting also asked for strengthening the activities of the monitoring committee, taking steps for increasing domestic production, gearing up the mobile court activities to observe quality and weight of products, and enforcing the Consumer Right Protection Act.
Representatives from agriculture, industries, fisheries and livestock and home Ministries and DGFI, Police Headquarters, Bangladesh Rifles, Trading Corporation of Bangladesh, Bangladesh Bureau of Statistics, heads of the Import and Export Controller office and DAE attended the meeting.
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