Experts at a discussion said that apart from war-induced supply chain disruptions and global commodity price surges, the government's policies also have been a major contributing factor to the present reserve crisis and local food price hikes. Controlling the dollar rate for a long period, followed by a sudden 25% increase, was one of the […]
Govt’s aman purchase hits a record
The food procurement office, for the first time since 1996, has bought the highest amount of aman paddy and achieved its target of buying six lakh tonnes of the grain grown in the monsoon. It bought 6.27 lakh tonnes of aman paddy since November following harvests. In the past 24 years, the public food office […]
Paddy Price and Procurement Study
Paddy prices become depressed due to high production, which recently took place with a bumper harvest of the boro rice crop. Farmers’ protest that they do not receive price support from the government as paddy prices cover only a fraction of production costs. Upon request of the Ministry of Agriculture and the Agricultural Policy Support […]
Proper policy needed for ensuring fair paddy price
The government should create a balance between the paddy price at the farm and the retail level to ensure that the farmers get fair price of their produce and the consumers can also buy rice at affordable prices. “Lower paddy price causes sufferings to the farmers and at the same time, high rice price also […]