Govt fixes rice, paddy procurement price

The government has fixed the procurement price of rice and paddy harvesting in the upcoming Boro season as the largest amount of food grains of the country is produced particularly during this season.

The price has been fixed at the Food Planning and Monitoring Committee (FPMU) meeting at the cabinet conference room on Sunday with Food Minister Sadhan Chandra Majumder in the chair, reports BSS.

The meeting was also attended, among others, by Industries Minister Nurul Majid Mahmud Humayun, Local Government, Rural Development and Cooperatives Minister M Tajul Islam, Agriculture Minister M Abdus Shahid, State Minister for Relief and Disaster Management M Mahibur Rahman, State Minister for Commerce Ahsanul Islam Titu and State Minister for Health and Family Welfare Begum Rokeya Sultana.

In the upcoming season, five lakh tonnes of paddy, 11 lakh tonnes of parboiled rice, one lakh tonnes of non-parboiled Atap rice and 50,000 tonnes of wheat will also be procured.

The procurement price of per kilogram (Kg) paddy has been fixed at Tk 32 while per-kg par-boiled rice at Tk 45, per-kg non-parboiled rice or Atap at Tk 44 and Wheat at Tk 34.

The meeting disclosed that the country-wide internal food grain procurement drive will begin from May 7 and it will continue till August 31, this year.

In 2023, the unit procurement price was fixed at Tk 30 for paddy, Tk 44 for parboiled rice and Tk 35 for wheat.

Secretaries from different ministries also attended the meeting.