Indian rice exports gained momentum this week after an additional port was opened in the country's biggest rice-handling facility, potentially easing congestion
Bangladesh is one of the nine countries that have been warned by the Food and Agriculture Organization of the United Nations (FAO) about rising food prices
The government has reduced the import duty on rice from 62.50 per cent to 25 per cent at the private level to curb the rising trend of market value of food-grains
But the production may not always keep pace with the demand. Apart from this, there are interventions in the market by various quarters . As a result, the supply decreases and the prices go up.
Taking into consideration the COVID-19 situation, existing tax slabs can be reconsidered for a while to lessen the financial pressure on the daily livelihood of the majority of the people