Photo : Collected
The commodity market is becoming unbearable day by day. During the previous government, the cost of living increased due to the increase in the prices of daily commodities. An interim government took over after a student uprising. Common people hoped that the government would soon bring order to the market, but after two months of the interim government, the prices of daily commodities did not drop; Rather increased. Students as well as the general public participated in the July-August movement due to the mismanagement of the economy and high inflation.
The previous government failed miserably to control the market and inflation. Floods in the eastern part of the country in mid-August caused extensive damage to agricultural products. Imports of goods should naturally be higher to deal with the deficit. But as the business environment is not favorable for the traders, they have reduced the import of daily commodities. Due to the country's political crisis and inflation in the global market, the prices of daily commodities are increasing day by day. The decrease in imports has created a pressure on the supply of daily commodities.
"You will get relief in the price of the product, don't be impatient", despite the assurance given by the trade advisor Salehuddin Ahmed, the price of the product in the market is increasing as the days go by. To overcome this situation, the interim government formed a special task force at the district level last Wednesday. This committee has started district to district operations. Fines are also being imposed. Apart from this, TCB is selling products at low prices. But still the price is not decreasing. Vegetable prices have been on the rise for several days. The vendors say that everything has been submerged in the flood. Vegetable production is decreasing. Goods are coming less and less. So, the price of vegetables is high.
The price of vegetables has become completely out of control. In a span of four days, the prices of most vegetables have increased by Tk 20 to Tk 40 per kg. 500 rupees per kg of raw chillies. 180-190 taka per dozen eggs. Eggplant kg 180 Tk. The interim government has recently fixed broiler chicken at Tk 180 per kg and golden chicken at Tk 270 per kg, but these prices are not available. The price of broiler chicken has also increased to Tk 210. Federation of Bangladesh Chamber of Commerce and Industry (FBCCI), the top organization of Bangladesh, is inspecting the market to keep the price of daily commodities normal, keep the supply system running and keep the market syndicate under control. According to Bangladesh Bureau of Statistics (BBS), inflation was 10.49 percent last August. Inflation eased marginally to 9.92 percent in September.
According to BBS, the price inflation has decreased slightly, but it has no impact on the consumer goods market. People expect the government to control inflation on a priority basis. Market surveillance of the task force should be strengthened. Although the government has changed, there has not been much change in the field of extortion and manipulation. Extortion and syndicates should be suppressed with strict hands. Researchers have emphasized on increasing supply to control the prices of import-dependent daily commodities. To take measures to deal with the crisis by increasing supply will be It is expected that the interim government will take effective measures to bring the price of daily commodities back to a stable condition by prioritizing the market system.
Messenger/Disha
