Tuesday, July 3, 2012

Commerce minister GM Quader says Government tries to keep essentials’ price stable,Bangladesh


BANGLADESH NEWS

DHAKA: Commerce minister GM Quader said the government is trying its level best to keep the price of essential commodities stable during the Ramadan.

He said, “Businessmen cannot increase the price of essentials as per their own decision as we want people to buy those at reasonable price. We will take various steps in order to ensure consumers’ right during Ramadan.”

He came up with the information while addressing the inaugural session of an International seminar in a city hotel on Monday.

The minister said, “Competition Act 2012 will help to keep goods price stable. Our government will implement the act without any delay. It is an International stranded act and 17 countries, including neighboring India, Pakistan and Malaysia follow it.”

“Meanwhile, Bangladesh competition commission will be formed to introduce positive competition in market. The act will encourage competitive environment in market”, he added.

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