Onion prices still beyond control, says minister

Agriculture Minister Mohammad Abdur Razzaque said yesterday onion prices still remain beyond control due to inadequate import and lack of stock. He came up with the remarks while talking to reporters after attending the annual research review workshop at Bangladesh Rice Research Institute in Gazipur.

The minister said although the current demand for onion is 25-26 Lakh tonnes, only 300-500 tonnes are being imported. Minister Razzaque also said, “Our farmers couldn’t put onion in their stocks after harvest due to rain. Besides, we failed to presume that India would ban onion export. May be it was our fault. We should have conducted a survey in advance.”

“We’ve to keep in mind that the price of a commodity depends on demand and supply. It cannot be controlled by the Rab, police and army,” he added. Presided over by BRRI Director General Dr Md ShahjahanKabir, the workshop was addressed, among others, by Director General of the Department of Agriculture Extension Dr Md Abdul Muid, Executive Chairman of the Agricultural Research Council Md Kabir Ikramul Haque.

Onion prices still beyond control, says minister

Agriculture Minister Mohammad Abdur Razzaque said yesterday onion prices still remain beyond control due to inadequate import and lack of stock. He came up with the remarks while talking to reporters after attending the annual research review workshop at Bangladesh Rice Research Institute in Gazipur. The minister said although the current demand for onion is 25-26 Lakh tonnes, only 300-500 tonnes are being imported. Minister Razzaque also said, Our farmers couldnt put onion in their stocks after harvest due to rain. Besides, we failed to presume that India would ban onion export. May be it was our fault. We should have conducted a survey in advance. Weve to keep in mind that the price of a commodity depends on demand and supply. It cannot be controlled by the Rab, police and army, he added. Presided over by BRRI Director General Dr Md ShahjahanKabir, the workshop was addressed, among others, by Director General of the Department of Agriculture Extension Dr Md Abdul Muid, Executive Chairman of the Agricultural Research Council Md Kabir Ikramul Haque.