November 5, 2024, 1:22 pm


Staff Correspondent

Published:
2024-10-08 03:44:49 BdST

Govt forms task force to monitor market, curb prices of essentials


The interim government has formed a special task force at the district level to monitor and review the market situation and supply chain of essential commodities to cool down the overheated prices of daily products.

This fresh move comes at a time when the country’s people are suffering immensely due to the high prices of essentials in the local market.

The additional deputy commissioner has been made the convener of the 10-member task force, the Ministry of Commerce said in a notification on Monday.

Besides, an assistant director of the Directorate of National Consumers' Right Protection has been made the member secretary of the task force.

Its members include the additional superintendent of police, district controller of food or appropriate representative, district livestock officer or appropriate representative, district fisheries officer or appropriate representative, agriculture marketing officer or senior agriculture marketing officer, representative of the Consumers Association of Bangladesh (CAB), and two representatives from students.

This task force can co-opt members if necessary, the ministry said.

According to the terms of reference, the task force will regularly visit various markets, large warehouses, cold storage, and other places in the supply chain and monitor the fact that the prices of essential commodities are kept at a reasonable level.

It will ensure that price differences among production, wholesale, and consumer levels remain minimal and hold meetings with all relevant stakeholders, read the notification.

On Sunday, Labour and Employment Adviser Asif Mahmud Shojib Bhuyain said in a Facebook post that the government would form a task force to monitor the market with a view to curbing the soaring prices of essentials.

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