Commerce Minister Tipu Munshi on Thursday said one crore family cards of  state-run Trading Corporation of Bangladesh (TCB) are being converted into smart cards and those will be distributed among the beneficiaries within two to three months.

As a result of conversion, transparency would be ensured in distribution  of essentials at subsidized rate and there will be no more inconsistencies, the minister was speaking as the chief guest at the opening ceremony of free distribution of TCB smart card and sale of TCB products including rice to card holders at PWD Colony Auditorium in the city this morning.

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He said keeping in mind the poor and helpless people who live below the poverty line, Prime Minister Sheikh Hasina decided to give one crore family cards for providing daily commodities at lower prices.

The government is selling essential commodities at subsidized rate to more people than the actual number of people living below the poverty line in Bangladesh, he added.

The Commerce Minister said that the imported eggs and potatoes have started to play a positive effect on the market. Eggs are being sold at a lower price than the price fixed by the government after the arrival of the first consignment in the country, he said.

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The prices of potatoes, onions and other vegetables will be normal by the middle of next month, he hoped.

Tipu Munshi said that there is no denying that some unscrupulous traders are taking advantage of the prices of eggs, potatoes and onions, resulting in immense sufferings of the people. “We are going through a tough time regarding  inflation due to the global situation. In the meantime, some dishonest traders are taking extra advantage.

“No one will be spared if found guilty regardless of political identity,” the commerce minister warned.

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Dhaka South City Corporation (DSCC) Mayor Barrister Sheikh Fazle Noor Taposh and Senior Secretary of the Commerce Ministry Tapan Kanti Gosh spoke at the programme as special guests while TCB Chairman Brigadier General Md. Ariful Hasan, DSCC 12 No. ward councilor Mamun Rashid Subro and senior officials of TCB were present on the occasion.