In an effort to keep the supply and price of onion normal in the country, state-owned Trading Corporation of Bangladesh (TCB) will start selling it soon at a fair price.
The task force committee of the Commerce Ministry took the decision at a meeting held at the Commerce Ministry on Sunday, said a handout of the Ministry issued on Monday.
“TCB will start selling onion through trucks and it will continue until the new onions arrive in local markets,” it said.
The meeting also discussed the prices and supply of essential commodities.
The government will take stern action if any attempt is made to increase the price of onion artificially and hoard it illegally as there is no logical reason of price hike and supply crunch of onion, it said.
Besides, Commerce Ministry monitoring team and Directorate of the National Consumers Rights and Protection have started market monitoring strongly.
Committee members were present at the meeting while President of the Task Force Committee and also the secretary to the Commerce Ministry Dr Mohammad Zafar Uddin presided over it.