Govt may procure upto 8 lakh tonnes of paddy to ensure fair prices: Food minister | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
June 05, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JUNE 05, 2025
Govt may procure upto 8 lakh tonnes of paddy to ensure fair prices: Food minister

Bangladesh

UNB
07 May, 2023, 10:20 pm
Last modified: 07 May, 2023, 10:24 pm

Related News

  • Ex-food minister Sadhan placed on 7-day remand
  • Food minister for supplying safe food to hospitals
  • AL always stands by people in their tough times: Food minister
  • Food minister warns officials against negligence in OMS food distribution
  • Food minister calls on consumers, producers to 'cleanse their mind'

Govt may procure upto 8 lakh tonnes of paddy to ensure fair prices: Food minister

UNB
07 May, 2023, 10:20 pm
Last modified: 07 May, 2023, 10:24 pm
Food Minister Sadhan Chandra Majumdar. File Photo: Collected
Food Minister Sadhan Chandra Majumdar. File Photo: Collected

The government will procure 7-8 lakh tonnes of paddy instead of the existing target of 4 lakh tonnes if needed, to ensure fair prices for farmers in the current Boro season, said Food Minister Sadhan Chandra Majumder on Sunday.

"The government wants farmers to get good prices for their crops. If farmers get good prices we'll happy. We are working to ensure it," he said.

The Food Minister said this at a press briefing after he inaugurated the Collection of Boro paddy and rice-2023 through a virtual platform from his office room in the Bangladesh Secretariat.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"The government has decided to collect 400,000 tonnes of Boro paddy in the current Boro season. But if the farmer does not get the prices of paddy properly, then the government will procure 7-8 lakh tonnes of paddy if necessary. Besides, 12.5 lakh tonnes of rice will be procured (in this season)," he said.

The minister, however, said there will be no compromise on the quality of rice during the collection drive. The field officials have already been instructed to complete the collection properly, ensuring the quality of the rice, he said.

He said the government is buying paddy at a higher price this time considering the interests of the farmers.

Sadhan Chandra said the paddy should be harvested within the next 15 days so that the crops would not be damaged in any natural calamity.

He said the food officials were directed to blacklist mill owners who did not sign contracts to supply rice to the government in the last season and not send their names incorporating these in the fit list. Those who helped the government by signing contracts are in the good book of the government.

During the current season of Boro collection-2023, a target was set to procure 4.00 lakh tonnes of paddy, 12.50 lakh tonnes of boiled rice and 1 lakh tonnes of wheat. The collection will continue till August 31, 2023.

The collection price of boro paddy has been fixed at Tk30 per kg, while that of boiled rice at Tk44 and wheat at Tk35 per kg.

In 2022, the prices of paddy, rice and wheat were Tk27, Tk40 and Tk28 respectively, said a press release.

Top News

Food Minister Sadhan Chandra Majumder / Paddy Procurement

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image of bank deposit. Illustration: Collected
    Inflationary pressure drags April deposit growth down to 8.21%
  • Logo of the Bangladesh Jamaat-e-Islami. Photo: Collected
    Jamaat to get back registration with 'scales' symbol: EC
  • E-commerce sector worried over VAT tripling
    E-commerce sector worried over VAT tripling

MOST VIEWED

  • Official seal of the Government of Bangladesh
    Govt raises special incentive for employees to 15% from July
  • (From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS
    Meet the women driving Bangladesh’s startup revolution
  • Illustration: TBS
    Clamping down: Once Japan, now China
  • From left, National Citizen Party Convener Nahid Islam, BNP Standing Committee member Salahuddin Ahmed talking to reporters in Dhaka on Monday, 2 June 2025. Photos: TBS
    BNP, NCP exchange got heated during Monday's meeting with CA Yunus
  • Pie chart showing revenue sources (NBR tax, foreign grants, etc.) and bar graph showing expenditure breakdown by sector (public services, interest payments, education, etc.) for Bangladesh's FY26 budget.
    Budget FY26 in infographics
  • Infographics: TBS
    After a slow April, exports make strong rebound in May with $4.74b in earnings — highest in 11 months

Related News

  • Ex-food minister Sadhan placed on 7-day remand
  • Food minister for supplying safe food to hospitals
  • AL always stands by people in their tough times: Food minister
  • Food minister warns officials against negligence in OMS food distribution
  • Food minister calls on consumers, producers to 'cleanse their mind'

Features

Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

8h | Panorama
(From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS

Meet the women driving Bangladesh’s startup revolution

16h | Panorama
Illustration: TBS

The GOAT of all goats!

2d | Magazine
Photo: Nayem Ali

Eid-ul-Adha cattle markets

2d | Magazine

More Videos from TBS

The damage to Beijing and Washington from Trump's visa ban

The damage to Beijing and Washington from Trump's visa ban

4h | Others
US imposes 50 percent tariffs on steel and aluminum

US imposes 50 percent tariffs on steel and aluminum

5h | Others
Is the 50-year-old law the new move of Trump's tariff war?

Is the 50-year-old law the new move of Trump's tariff war?

6h | Others
News of The Day, 04 JUNE 2025

News of The Day, 04 JUNE 2025

7h | TBS News of the day
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net