The non-Basmati rice will be procured from Indian company
Bangladesh has recently received 26,250 tonnes of atap rice purchased from Pakistan under a government-to-government deal.
As of the first week of March, the private sector had imported only 2.63 lakh tonnes of rice against the approved 16.75 lakh tonnes
Out of the 50,000 tonnes of rice to be bought under a memorandum of understanding (MoU) with Pakistan, Bangladesh received a total of 26,250 tonnes of white rice.
The interim government is set to import seven lakh tonnes of rice, the highest in the last seven fiscal years, as it looks to shore up its depleting food grain stock and ease the cost of living crisis for the low- and fixed-income people battered by the prolonged high inflation.
50,000 tonnes of white rice will also be purchased from Pakistan
The government has taken an initiative to accelerate rice imports to strengthen the buffer stock of food grains and to arrest the upward trend of the staple’s price.
The interim government of Bangladesh will procure 50,000 tonnes of rice from India to address the depletion of the country’s food stocks and thereby meet consumer demand for the cereal grain amid ongoing inflationary pressure..The rice will be used to supply state-sponsored food distributi
The government is set to import rice from Myanmar and India as part of its efforts to bring down the high price of the staple, replenish stocks and ensure distribution under social safety net schemes.
The first consignment of rice that the government purchased from India has arrived at the Mongla Port and would begin to be unloaded tonight.
Bangladesh yesterday signed a memorandum of understanding with Thailand to facilitate up to 10 lakh tonnes of rice import from the
In a desperate bid to stabilise rice price, the government has decided to further reduce the duty on import of the staple and strike a deal with Thailand to buy rice.
The first consignment of rice imported from Vietnam entered Bangladesh territory this morning.
Rice import by the private sector has dropped to a four-year low at a time when its prices have shot up in the domestic market. Traders imported only 1.2 lakh tonnes of rice till mid-June in the current fiscal year against 2.56 lakh tonnes in the previous fiscal year.
The government will import 250,000 tonnes of rice at Tk 908.85 crore from Vietnam under a government-to-government agreement.
Bangladesh is to import 600,000 tonnes of rice in an effort to replenish reserves and rein in prices of the staple.
With farmers ready to reap rice in the year's biggest rice season -- Boro -- in a week amidst concern over poor market price,
THE government has finally decided to impose a 10 percent duty on foreign rice to curb import of the grain. Needless to say this measure comes too late for the farmers and millers of the country.
Finance Minister AMA Muhith says the government has decided to impose 10 percent tax on rice import.
