Staff Reporter :
Trading Corporation of Bangladesh (TCB) likely to start selling edible oil, pulse and rice at subsidised rates in Dhaka and Chattogram from Thursday and continue till November 30.
The three essential products will be sold through 50 and 20 trucks in the capital and the port city, reports UNB.
Edible oil will be sold at Tk 100 per liter, rice at Tk 60 per Kg and pulse at Tk 30 per Kg respectively.
The truck sales will be inaugurated in Tejgaon area around 10 am on Thursday morning, said a TCB press release. The Trading Corporation of Bangladesh (TCB) plays a vital role in Bangladesh’s market by stabilizing prices and ensuring the availability of essential goods, especially during times of crisis.
It functions as a government entity under the Ministry of Commerce and works to keep the prices of essential commodities in check, often by purchasing goods in bulk and selling them at a subsidized rate to the public.
The government, through TCB, has ramped up its distribution of essential commodities to mitigate the impact of rising prices.
It sells these goods through trucks and specific sale points across the country at discounted rates.
Despite TCB’s interventions, the market remains susceptible to fluctuations in international prices, supply shortages, and local production shortfalls.
Consumer goods like onions and sugar are particularly prone to price hikes, partly due to dependency on imports. During festivals like Ramadan or Eid, the demand for goods typically rises, leading to temporary spikes in prices.