Govt to improve TCB capacity
GM Quader tells parliament
Commerce Minister GM Quader yesterday informed the parliament that the government is taking steps to improve the capacity of Trading Corporation of Bangladesh (TCB) to intervene in the market more effectively.
“We are going to build a new godown in Chittagong with 40,000 metric ton capacity and also increase the number of authorised dealers up to 5,000,” he said replying to a supplementary question of treasury bench lawmaker Shafiqul Islam.
The minister said the state-run TCB was about to be abolished during the previous government's tenure. “The present government, after taking the office, decided to revive the TCB to intervene in the market for the welfare of the common people.”
Market monitoring is the prime duty of his ministry, he said.
Responding to another question of Monirul Islam (Barisal-2), Quader said due to the capacity constraints it was not possible for the TCB to intervene in the market to a great extent.
About the price hike of essentials, he said Bangladesh is a country of free market economy. The government cannot provide all essential items for the people at subsidised rates.
“From my ministry, we are trying to monitor closely to make the market stable,” he said.
Replying to Jatiya Party lawmaker Ziaul Haque Mridha (Brahmanbaria-2), the minister said in the near future, the government would be able to provide services through TCB in all upazilas.
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