Bangladesh has lost its senses! India will give 50 thousand tons of rice

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Bangladesh has lost its senses! India will give 50 thousand tons of rice

Relations between Bangladesh and India could also be going by way of their worst part, however when Bangladesh is in want, it’s India that comes ahead for its wants. Even although Bangladesh accuses India every single day, regardless of this it has helped Bangladesh beneath the coverage of Neighborhood First.

Actually, the interim authorities of Bangladesh has determined to purchase 50,000 tonnes of rice from India to satisfy client demand amid the meals provide disaster and rising inflation. This rice will be utilized in state-sponsored meals distribution applications and India has agreed to offer it. The proposal for this buy was accepted within the assembly of the Economic Affairs Advisory Committee beneath the chairmanship of Finance Advisor Salehuddin Ahmed. After this, the Food Ministry plans to import rice into India from M/s Bagadia Brothers Pvt Ltd on the price of $456.67 per tonne.

Rice provide and meals safety

According to Food Ministry knowledge, as of December 17, the inventory of meals grains in Bangladesh was 11.48 lakh tonnes, of which about 7.42 lakh tonnes was rice. The authorities had imported 26.25 lakh tonnes of meals grains within the present monetary 12 months, of which 54,170 tonnes was rice.

The authorities is planning to distribute 20.52 lakh tonnes of meals grains by way of a number of channels within the monetary 12 months 2024-25. Under this, 8 lakh tonnes of rice will be collected from the native market from the present aman season, whereas extra rice will be procured throughout the boro season starting in 2025.

Purchase of Liquefied Natural Gas and Fertilizer

Apart from the Food Ministry, the Bangladesh authorities has additionally accepted separate proposals to buy Liquefied Natural Gas (LNG) and fertilizer (urea). The Ministry has determined to buy two cargoes of LNG from M/s TotalEnergy Gas and Power Limited of Switzerland. The value of one cargo will be $ 14.25 per MMBtu and the worth of the opposite will be $ 13.87 per MMBtu.

Apart from this, the Industry Ministry is engaged on separate proposals to buy 90,000 tonnes of urea fertilizer from Qatar and Saudi Arabia.

Purchasing different important objects

Trading Corporation of Bangladesh (TCB) has determined to buy 10,000 tonnes of lentils from (*50*)-based Sheikh Agro Food Industries, the worth of which will be Tk 95.40 per kg. Along with this, TCB has determined to buy 1.10 crore liters of soybean oil from (*50*)-based City Edible Oil Limited, the worth of which will be Tk 172.25 per liter.

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