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Price will be stable if fair competition ensured: Tipu

Published : Thursday, 12 December, 2019 at 9:09 PM  Count : 241

Price will be stable if fair competition ensured: Tipu

Price will be stable if fair competition ensured: Tipu

Commerce Minister Tipu Munshi on Thursday said price in market would be stable if fair and healthy competition is ensured.

He passed this remark while addressing a seminar titled “Ensure of healthy competition in market to protect interest of businessman and consumers” as the chief guest organised by Bangladesh Competition Commission (BCC) in TCB auditorium, BSS reports.

“People would get chance to buy products at reasonable price if we can ensure neutral and healthy competition in the market, and the BCC has to perform the duty properly,” opined the minister.

He said the BCC has to work in such a way so that nobody could harm consumers through any evil motive.

Tipu said one fourth of the total demand of onion has to import every year that is why problem arises. “If we could have produced onion in line with demand, such problem never is arisen in the country.”

Former Bangladesh Bank Governor Dr Mohammed Farashuddin made keynote presentation while Bangladesh Competition Commission Chairperson Md Mofizul Islam chaired the seminar.

General Economic Division Member (Senior Secretary) Dr Shamsul Alam, Commerce Secretary Dr Md Jafar Uddin, FBCCI President Sheikh Fazle Fahim and BCC Member Md Abdur Rouf also spoke.


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