Govt to import 2.5 lakh tonnes of rice

Staff Correspondent | Published: 00:49, Oct 26,2017 | Updated: 00:52, Oct 26,2017

 
 

The cabinet committee on national purchase at a meeting on Wednesday approved imports of 2.5 lakh tones of rice against the backdrop of supply shortage and price hike of the staple in the local market.
Of the total quantity, the food ministry would import 1.5 lakh tonnes of rice from Thailand under a government-to-government deal worth Tk 578.92 crore.
The food ministry would also collect rest one lakh tones of rice worth Tk 438.92 crore from two suppliers through international tenders.
Additional secretary Mostafizur Rahman told reporters about the decisions after a meeting that was presided over by finance minister AMA Muhith at the secretariat.
The government is trying to import 20 lakh tones of rice as the price of rice, the main staple, went up close to forty per cent due to supply shortage caused by crop loss due to floods and failure by food ministry to make emergency imports much earlier.
The cabinet committee also approved establishment of a power plant by a consortium of Summit Corporation Ltd & GE at Meghna Ghat.
The price of per unit electricity produced from gas would be Tk 2.9 and the price of per unit electricity produced from LNG would Tk 5.44. The price of per unit electricity produced from diesel would be Tk 12.60. The government would buy power from the plant for next 22 years. 

More about:

Want stories like this in your inbox?

Sign up to exclusive daily email

Advertisement

images

 

Advertisement

images