The government will directly procure rawhides of sacrificial animals from the field-level markets during Eid-ul-Azha in coming years so that the mass people will get fair prices of the item.
Commerce minister Tipu Munshi on Tuesday said that the Trading Corporation of Bangladesh would directly procure the product from the field level in every district as the private sector traders did not purchase rawhides during Eid at the prices set by the ministry.
‘We will not sit idle as traders do not act as per the consensus they reach with the ministry. We have also spoken to the prime minister about the issue,’ he said at a press briefing held at the ministry conference room in the capital on the day.
Like in previous years, the ministry had also set the rawhide prices after holding talks with tanners and other traders concerned this year, he said.
The lion share of the rawhide demand was met by animals sacrificed during Eid-ul-Azha, which should be collected within two to three days after Eid, he said.
But, it was observed later that the traders did not purchase the rawhides at the government-set prices on time, causing severe disruptions in the sector, he said.
They bought the rawhides for an average of Tk 250 to Tk 350 apiece last Eid-ul-Azha although they had promised to buy those for an average of Tk 800 to Tk 1,000 apiece.
The ministry has taken the decision to procure the item through the TCB to avoid recurrence of such crisis in future, he said.
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