It is perturbing to note that traders are selling edible oil at high rate across the country though the government has fixed the price of this essential.
Violating the government orders, a section of dishonest traders has become desperate to make the domestic market volatile through syndication ahead of the holy month of Ramadan. This is not acceptable and we therefore urge the government to take stringent measures to help people withstand the rising price of edible oil.
If illegal syndication is not handled with an iron hand and the dishonest traders are not brought to book, the prices of other key essential commodities like sugar, oil, onion, lentils, gram and date will go up in coming days.
TCB should start selling essential commodities at
subsidised rates so that the unscrupulous traders do
not get any scope to increase the price
As reported by this daily on Monday, one litre edible oil is being sold at Tk 3 to Tk 4 higher price than the price fixed by the government causing sufferings to the common people.
Though the government has fixed the price of loose soybean at Tk 115 per litre and a 5-litre bottled soybean at Tk 625, one litre loose soybean is being sold at Tk 118 to Tk 122 while a 5-litre cane at Tk 630 to Tk 650 depending on the market.
Considering the situation, TCB should start selling essential commodities at subsidised rates so that the unscrupulous traders do not get any scope to increase the price.
TCB should import essential goods or procure them locally to help keep the commodity market stable in future especially during the holy month of Ramadan. Last but not least, the government should take necessary steps to control the price of essentials in the coming days.