BANGLADESH NEWS
Retail traders of basic commodities will not be able to make more than 10 percent profit from the sale during the upcoming month of Ramadan, said a commerce ministry official on Tuesday.
The commerce ministry took the decision at a meeting with traders of basic commodities like lentil, grams, onion, garlic, ginger, dry pepper, turmeric and other spices at the ministry.
Additional Secretary to Commerce Ministry ATM Mortuza Reza Chowdhury chaired the meeting.
After the meeting, Chowdhury told journalists that the letters have already been served to the businessmen concerned to follow the government order so that the prices of basic commodities remain stable during the Ramadan.
He said the ministry did not make any pressure on the traders in taking such decision. “The decision was proposed by the businessmen,” he told the journalists.
He said both importers and wholesalers will have to maintain the final receipts to check forgery in prices of basic commodities.
A total of 14 monitoring teams of the commerce ministry will be in the markets to check over profiteering by a section of unscrupulous traders during the fasting month.
Director General of Department of Consumers’ Rights Protection Abul Hossain Mia, Joint Secretary of Commerce Ministry Shawkat Ali Waresi, Joint Chief of Bangladesh Tariff Commission Abdul Quayum, Director of Federation of Bangladesh Chambers of Commerce and Industry Helal Uddin, General Secretary of Bangladesh Daal Babosayee Samity (a platform of lentil traders) Shafiqul Islam and General Secretary of Shyambazar Babosayee Samity Shamsul Alam among others were present at the meeting.
The commerce ministry took the decision at a meeting with traders of basic commodities like lentil, grams, onion, garlic, ginger, dry pepper, turmeric and other spices at the ministry.
Additional Secretary to Commerce Ministry ATM Mortuza Reza Chowdhury chaired the meeting.
After the meeting, Chowdhury told journalists that the letters have already been served to the businessmen concerned to follow the government order so that the prices of basic commodities remain stable during the Ramadan.
He said the ministry did not make any pressure on the traders in taking such decision. “The decision was proposed by the businessmen,” he told the journalists.
He said both importers and wholesalers will have to maintain the final receipts to check forgery in prices of basic commodities.
A total of 14 monitoring teams of the commerce ministry will be in the markets to check over profiteering by a section of unscrupulous traders during the fasting month.
Director General of Department of Consumers’ Rights Protection Abul Hossain Mia, Joint Secretary of Commerce Ministry Shawkat Ali Waresi, Joint Chief of Bangladesh Tariff Commission Abdul Quayum, Director of Federation of Bangladesh Chambers of Commerce and Industry Helal Uddin, General Secretary of Bangladesh Daal Babosayee Samity (a platform of lentil traders) Shafiqul Islam and General Secretary of Shyambazar Babosayee Samity Shamsul Alam among others were present at the meeting.
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