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Holy Ramadan and sugar
Every
year a section of businessmen exploit the holy month of
Ramadan as a season of earning extra profit by raising the
prices of different items used in increased quantity during
this month. This year also they have started indulging in
profit mongering by manipulating the prices of different
essentials specially sugar well ahead of the holy month. The
government is apparently trying to keep the sugar price under
control, but the traders seem bent on frustrating all such
attempts. For example, the government has fixed the price of
sugar at Taka 43 per kg at the mill gate and the Industries
Ministers has expressed the hope that the price would be Taka
45 per kg in the retail markets. But in the city, no where
sugar is now available at less than Taka 52 per kg and the
price is likely to go up further during the Ramadan.
Industries Minister Dilip Barua said during a press conference
on Tuesday that the government has decided to build up a stock
of 77,650.50 metric tons of sugar to keep the sugar price at
an affordable level during the holy month of Ramadan. He said
price of sugar has been reduced by Tk 2 per kg by BSFIC and
has now been fixed at Tk 43 at mill gate. Dilip Barua said
according to Bangladesh Bank, the private sector has imported
adequate quantity of sugar this year. Some 120,763 metric tons
of raw sugar was imported up to July this year. About the
retail price of sugar, the Minister said the Deputy
Commissioners will fix the retail price. "We expect consumers
will be able to buy sugar at Tk 45 per kg during the Ramadan."
It has been the common practice and tradition in the country
on the part of the government ministers to assure the people
ahead of the holy Ramadan that there would be no shortage of
sugar during the holy month as the government has fixed the
price of the item so that the consumers can procure it at a
cheaper rate. The Industries Minister has just followed the
practice.
The Industries Minister had said a few days ago that the
government has planned a buffer stock of 100,000 tons of sugar
through domestic and international procurement to meet
additional demand. The BSFIC would import 50,000 tons of
sugar. Besides, the corporation would procure another 10,000
tons of sugar locally. The government has a stock of 40,000
tons of sugar. Bangladesh largely depends on imported sugar to
meet its annual demand of 1.4 million tons as the state-run
sugar mills can produce only 125,000 tons. However, now he
says that government has decided to build up a stock of
77,650.50 metric tons of sugar. Why has the target been
downsized remains unexplained.
Besides, a question has arisen as to whether the fixation of
price of sugar by the government will be able to ensure the
sale of sugar at the fixed price. On the eve of the
Eid-ul-Fitre last year the price of sugar had shot up to Tk.
60 per kg as against Tk. 42 per kg four weeks ago. Taking the
advantage of the higher demand dishonest businessmen extracted
extra money from the consumers by raising the price of sugar
abruptly. Although the mill gate price was fixed at Taka 39
per kg sugar was sold at Tk. 55 per kg at wholesale markets
and at Taka 60 per kg to consumers.
In the light of that sad experience, it may be difficult for
many to be hopeful that the government measures this year will
be quite enough to stabilize the sugar market in the face of
the market manipulation by the sugar syndicates who are
allegedly waiting to exploit the occasion. In view of this,
the government should take all necessary steps to keep the
market stable by thwarting the evil designs of the syndicates
and ensure smooth supply and distribution of sugar in the
market.
Rehabilitating the
destitute
Bangladesh
is a land of calamities specially storm, tornado, flood and
river erosion that render many people homeless and destitute
every year. It is very unfortunate that the number of such
people in the country is rising rapidly. At the time of
liberation of the country the number of landless people was
around 32 lakh, but over the last 39 years it has increased
alarmingly to about one crore. These people rendered homeless
mainly by river- erosion and extreme poverty are leading
unbearable life in slums of the cities or elsewhere in untold
miseries.
Meanwhile, erosion by different rivers including Jamuna, Padma,
Korotoa, Brahmaputra, Dharala, Surma, Meghna and Arial Kha
rivers continue to devour vast tracts of lands at different
places of the country. The erosion affected districts include,
amomg others, Sylhet, Sunamganbj, Moulvibazar, Jamalpur,
Sherpur, Bogra, Rangpur, Gaibandha, Lalmonirhat, Sirajganj,
Manikganj, Rajbari, Faridpur, Shariapur, Chandpur and
Munshiganj.
There is government rules to distribute khas lands among the
landless people to mitigate their sufferings. But those rule
are not being followed properly and the woes and sufferings of
the landless and destitute people continue unabated. In
reality, only a small number of landless people have got
allotment of government khas lands, most of which are under
the illegal occupation of influential land grabbers and
political opportunists. These people are so powerful that in
many cases in the past attempts to recover these lands from
the illegal grabbers have failed.
It is known to all that the destitute people are suffering
terribly and contributing to the problems gripping the social
fabric and economy. In view of this, we want to stress here
that all government khas lands under illegal occupation should
be recovered as early as possible and distributed among the
destitute and landless people with a view to rehabilitating
them socially and economically.
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