Speakers at a webinar on Sunday expressed that there have no possibility of price hike of the essential goods in the market because there have adequate supply of commodities.
Dhaka Chamber of Commerce & Industry (DCCI) organized the webinar on “Law and order situation and keeping price of essentials stable in the upcoming Ramadan” .Minister for Home Affairs Asaduzzaman Khan, MP joined the webinar as chief guest. Mayor of Dhaka South City Corporation Barrister Sheikh Fazle Noor Taposh joined as special guest.
Minister for Home Affairs Asaduzzaman Khan, MP said extortion is under control now despite we could not control it hundred percent bur we are tough against it. In the month of Ramadan, here in Bangladesh we always experience price spiral but in many countries in the world they lower their price at this time.
"From 14 April We may go for a hard lockdown to save lives. People should maintain health advisories and instructions from the government. We want the help of businessmen to keep the prices stable not only in the month of Ramadan but also all the year round", Minister added.
Mayor of Dhaka South City Corporation Barrister Sheikh Fazle Noor Taposh said said we have to be united. DSCC has already formed a Committee comprising of 9 Counselors for market monitoring.
"We regularly conduct mobile courts. DSCC is a business friendly service organization. We will work for the greater interest of city dwellers", Mayor added.
DCCI President Rizwan Rahman in his welcome remarks said when the economy was in the way of recovery, at that moment the second wave of Covid 19 comes back. The worldwide supply chain and production are hampered and are responsible for inflation.
He said Price hike in the international market and volatility in supply chain have a impact on price hike in Bangladesh. Besides, the issue of international market, creating artificial crisis by hoarding, lack of market monitoring, extortion in the transportation sector, increased transportation cost are some of the reasons of price spiral especially in the month of Ramadan.
Golam Mowla, President, Edible Oil Importers Association said that the price of edible oil is high because of increased price in the international market. Sometimes retailers then the price went high.
Monzur Shariar, Deputy Director Consumers Rights Department said there is no shortage of goods. We are monitoring the market. If government can fix the price we will ensure it. We are ready to stay on field in the month of Ramadan.
Kazi Inam Ahmed, President, Bangladesh Super Market Owners’ Association said we have 300 super shops in the country. We have enough stock of goods, if we want to stable the price in that case price will not hike.