As per an official order released by the Ministry of Food in Dhaka on Thursday, the government has requested private companies to import 83,000 tonnes of rice promptly (within a month) in an attempt to further curb the increase in rice prices in the country's retail market. The government has granted permission to 30 rice importers in total to import the quantity of rice, which consists of 34,000 tonnes of unboiled atap rice and 49,000 tonnes of boiled rice.

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Bangladesh Approves Rice Imports to Curb Retail Price Hike

The Food Ministry's Additional Secretary for Procurement and Supply, M Habibur Rahman Hosaini, stated, "We have approved a total of 30 private sector companies to import 49000 tonnes boiled and 34000 tonnes non-boiled atap rice, aiming to further arrest the rice price hike in the retail market." According to the official, the directive was sent out on Thursday in order to close the gap before the impending boro harvest, which should take no more than one month. The formal order requires the private importers to market this quantity of rice by April 25. Rather than repackaging these items, the importing corporations must sell the rice in bags straight to the market. Up till Thursday at, the public sector's accumulated food storage stood till Thursday at 14,69,278 tonnes — 11,99,715 tonnes rice, 2,62,330 tonnes wheat and the rest 10,884 tonnes paddy.

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