Apr 20, 2014, 11:06 am (BST)
News Headlines
Home | Contact us | Print
Sunrise & Sunset
Prayer Time
Cooperative bazaars to break syndicate business, 27 outlets in Dhaka south
DHAKA, April 11 (BSS) - Cooperative Bazars will be set up across the country to break the syndicate in trading and contain the price escalation of essential commodities.

As part of the mega project, the government will set up 27 cooperative bazars (chain shops) in the capital under the auspices of Dhaka City Corporation (South) next month, officials said here today.

As a test case, the local government ministry earlier launched 100 chain shops in different cities and districts throughout the country in August 2011, they said.

"We want to ensure the fair price of essentials to the consumers as well as producers or farmers and want to break the syndicate businesses to arrest the unjust price hike of essentials in the capital and elsewhere in the country," state minister for local government Jahangir Kabir Nanak, MP, told BSS today.

He said the ministry has been experimenting with some outlets in the capital and 100 in the district and upazila level under the active supervision of Upazila Central Cooperative Association (UCCA) since August 2011.

The minister said constitution for 'Cooperative Bazar Consortium' with a budget of Taka 15,000 crore is in progress right now.

He said if the consortium is properly materialized, it would involve millions of people in the cooperative bazaars from the existing 70,000 cooperative societies across the country.

Talking to BSS, Director General (DG) of Bangladesh Rural Development Board (BRDB) Md Humayum Khalid said around 14,00,000 members of the cooperative societies in 457 upazilas would come under the project.

"Under three categories --- preservation, processing and marketing --- the cooperative society activities will be performed ," he continued,

"A total of 77 godowns at upazila level will be used for preserving the products of the farmers and will be sold during off season from there. A minimum fee will be charged for that."

The BRDB DG said, concerned officials would ensure the supply of products to various outlets of the country on their own management to ensure the fair price for both consumers and producers.

"They will ensure the linkage between the growers and bazaar- operators for smooth functioning of the chain," he added.
Home | Contact us | Print
Powered By : BSS IT Division & Bangladesh Online Limited