Govt allows private sector to import 1.24 lakh tonnes of rice in a month

The government has asked the private sector to import 1,24,000 tonnes of rice immediately within a month to further arrest the rice price in the retail market across the country.

An official order was issued in this regard by the Ministry of Food on Wednesday.

BSS adds: A total of 50 private sector rice importers have already got the government approval to import the amount of rice which includes 91,000 tonnes of boiled and another 33,000 tonnes of non-boiled Atap rice.

“We have approved 50 private sector companies to import 1.24 lakh tones of boiled and non-boiled Atap rice aiming to keep stable rice prices in the retail market,” said M Habibur Rahman Hosaini, Additional Secretary (procurement and supply) of the Food Ministry.

The order was issued on Tuesday to carry on immediately to cover the gap of the upcoming Boro harvest which is likely to require a maximum of one month, said the official.

The private importers must market these amounts of rice by May 15, according to the official order.

The importers must sell these amounts of rice in sacks directly in the market instead of re-packaging these goods with the imported companies.

The public sector accumulated food storage stood till last Thursday at 12,20,994tonnes ---where some 8,86,967 tonnes of rice, 3,33,197 tonnes of wheat and the remaining 797tonnes are paddy.