Govt to procure Aman rice at Tk 32 per kg

The government has set a target to procure 300,000 tonnes of Aman rice this season at Tk 32 per kg.

This is up by Tk 2 over the previous season's procurement price of Tk 30. It had then collected 350,000 tonnes of rice.

The decision was taken by the Food department’s planning committee in its meeting at the secretariat on Monday.

Food minister Qamrul Islam told reporters after the meeting that procurement would start from November 15 and continue until February 28.

"The price has been set considering the growers' interest. The cost of growing Aman paddy this year is Tk 18 per kg and Tk 25 per kilogram after it is processed into rice, "he said.

This year the government will only procure rice under the programme, added Islam.

He was joined in the meeting by his senior cabinet colleagues like Finance Minister AMA Muhith, Commerce Minister Tofail Ahmed and other senior officials.