Connect with us

Economy

Farmers suffer as dealers charging higher fertilizer prices

Published

on

farmer

Abdul Jalil, a farmer in Jamalpur, started looking for Muriate of Potash (MoP) fertiliser last week, but he found none in the nearby shops. When he managed to find it, the seller charged him Tk1,500 for a 50kg sack, which is actually priced at Tk750.

Farmers across the country said they have already been confronting a crisis of urea fertiliser, and the scarcity of MoP has worsened the situation.

Farmers in various districts, including Rangpur, Bogura, Dinajpur, Rajshahi, Jamalpur, Barishal, and Barguna, said the government recently fixed the price of a 50kg bag of urea at Tk1,100, but the sellers are charging them Tk1,300-1,400.

Sources at the agriculture ministry said there is no shortage of fertilisers in the country, but unscrupulous dealers have created an artificial scarcity to manipulate prices.

The dealers currently get Tk100 commission from a 50kg sack, and they have been demanding that it be increased to Tk200, citing the recent increase in the cost of living caused by the fuel price hike.

Mobile courts fined 383 dealers across the country Tk57 lakh on 30 August for irregularities in their operation. The highest number of dealers were fined in Jashore. The process of cancelling the licences of two dealers in Bogura and Rangpur is also going on.

Currently, there are over 5,500 fertiliser dealers across the country.

According to the agriculture ministry, the fertiliser shortage is most severe in Jamalpur, where Jamuna Fertiliser Company Ltd is located. The factory has not been in operation for over three months due to a shortage of gas. There are 257 dealers in the district, who buy fertilisers from Jamuna Fertiliser.

The dealers in Barguna and Barishal were also told to collect fertiliser from Chattogram, but they did not do it, causing a crisis.

Earlier, three factories were closed down due to a lack of gas, but now all the factories, except Jamuna, are operational, according to Bangladesh Chemical Industries Corporation (BCIC) officials.

Kazi Mohammad Saiful Islam, joint secretary and director (commercial) of BCIC, told, “There is no shortage of urea. Fertiliser is also being imported. We are providing fertiliser on demand everywhere.”

According to the sources at the agriculture ministry, BCIC and Bangladesh Fertiliser Association, there are many dealers who are not collecting fertiliser even after depositing money. Wherever the authorities concerned are aware of a crisis, they are resolving it through the intervention of the deputy commissioners. But the crisis has spread across the country in such a way that it cannot be alleviated easily.

Balai Krishna Hazra, additional secretary of the Agriculture Ministry’s Fertiliser Management and Materials Wing, told , “We have no shortage of fertilisers. Dealers who are causing trouble are being brought under the law. The licences of some of the dealers are also being cancelled.”

A senior official of the Ministry of Agriculture said on condition of anonymity that a vested quarter is trying to create instability by creating a fertiliser crisis ahead of the election.

Last Wednesday, the secretary of the Ministry of Agriculture held a meeting with deputy commissioners across the country to remedy the fertiliser crisis.

At the meeting, Agriculture Secretary Md Sayedul Islam gave instructions to field-level officials to prevent fertiliser price manipulation, artificial scarcity, and the sale of fertiliser without receipts.

He also instructed the officials to display a price list, ensure the supply of fertilisers to retailers, and visit the dealers’ warehouses to confirm the arrival of fertilisers.

The agriculture secretary further asked the officials concerned to operate mobile courts to prevent irregularities. Besides, instructions were given to the BCIC chairman to allow the delivery of fertilisers from the BCIC immediately after the agriculture ministry allocates it.

According to the Ministry of Agriculture, currently, there are 6.41 lakh tonnes of urea in stock against a demand of 3.5 lakh tonnes for the months of September and October.

There are also 4.15 lakh tonnes of TSP fertiliser against a demand of 96,000 tonnes, 9.04 lakh tonnes of DAP fertiliser against a demand of 2.19 lakh tonnes, and 2.46 lakh tonnes of MoP fertiliser against a demand of 1.21 lakh tonnes.

President of Bangladesh Fertiliser Association (BFA) Kamrul Ashraf Khan Poton told, “It is true that there have been some problems all over the country. We are also trying to normalise the situation with the government. Alongside the government, we are also monitoring the situation across the country.”

Share this
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Economy

Settle disputes through dialogue, say ‘no’ to wars: PM Hasina at UNESCAP meet

By

Published

on

UNESCAP hasina

Prime Minister Sheikh Hasina today (25 April) called for speaking out against all forms of aggression and atrocities, and say ‘no’ to wars.

“We must speak out against all forms of aggression and atrocities, and say ‘no’ to wars,” she said adding that Bangladesh supports the UN Secretary General’s ‘New Agenda for Peace.

The prime minister was addressing the 80th Session of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) held at the ESCAP Hall (2nd floor), United Nations Conference Center (UNCC) here.

She arrived in Bangkok on Wednesday on a six-day official visit to Thailand.

The PM said the pre-condition for sustainable development is lasting peace and security.

“We must settle regional disputes and tension through dialogue. Our mutual respect for national sovereignty and territorial integrity must remain paramount,” she said.

Hasina called upon the Asia-Pacific region, especially ASEAN, to redouble their efforts to end Rohingya crisis as all efforts at regional connectivity, integration, and prosperity will continue to be marked by a missing puzzle without it.

“The origin of their crisis has been in Myanmar, and its solution also lies in Myanmar,” she declared.

“As long as that solution remains out of reach, all our efforts at regional connectivity, integration, and prosperity will continue to be marked by a missing puzzle. Let us redouble our efforts to put that puzzle back in place,” she said.

She said that in August 2017, when thousands of Rohingya men, women, and children from Myanmar fled to Bangladesh, Bangladesh offered them temporary shelter.

“With an ever growing population, this has now become one of the largest humanitarian situations in the world,” she said.

Sheikh Hasina said that In the backdrop of ongoing armed conflicts in Myanmar, the Rohingya repatriation process is also getting delayed.

“This is creating serious security risks within and beyond our territories,” she said.

She called upon the Asia-Pacific region, especially ASEAN, to play a proactive role in resolving the volatile situation in Myanmar.

“We must ensure that the Rohingya can go back home in safety and dignity at the earliest possible,” she said.

The prime minister said that the Asia-Pacific region must stand united against its common enemies of poverty and hunger.

She said Bangladesh has reduced poverty from 41.51 percent to 18.7 percent between 2006 and 2022.

It also reduced extreme poverty from 25.1 to 5.6 percent during the same period.

“We remain confident about eradicating extreme poverty by 2030,” she said.

She mentioned that Bangladesh has made notable progress on food security, with focused interventions on maternal and child nutrition.

“Our current priority is to address inequalities through income distribution, asset ownership, and social protection,” she said.

The prime minister said that Asia-Pacific region must put up a united front in tackling the climate crisis, biodiversity loss, and transboundary pollution.

“We need to push for ambitious climate financing goals beyond 2025 at COP-29. We need to cooperate on cross-border water management and air quality improvement. We must all prepare for growing extreme weather events,” she said.

In this connection, she suggested looking into Bangladesh’s experience in disaster risk reduction.

“We appreciate UN-ESCAP’s support in improving our early warning capabilities,” she added.

Briefly describing various development programmes and achievements of her govebrment, the prime minister said that much of the development gains are affected by climate impacts.

“As a low-lying delta, Bangladesh has no option but to invest heavily in climate resilience,” she said.

She mentioned that Bangladesh is already recognised as a global leader in climate adaptation.

“We are happy to share our traditional and innovative solutions with other vulnerable countries,” she said.

She said that Bangladesh has urged developed and emerging economies in the region to raise their time-bound emission reduction targets.

“For economies in transition, it is important to have a just energy transition.”

In Bangladesh, she said, “we are working on long-term energy security with a sound mix of clean and renewable energy.”

“We shall continue to do our part in pursuing a circular and low-carbon economic growth pathway.”

She underscored the need for increased and easy access to financing and technology from both the public and private sectors.

“I invite UN-ESCAP to help build the capacity of climate-vulnerable countries to mobilise adequate international climate financing.”

PM Hasina said that Bangladesh now provides critical links to the Trans-Asian Highway and Railway networks.

“Our physical and digital infrastructures are being developed to foster regional trade and connectivity.”

She said Bangladesh offers access to the Bay of Bengal for land-locked territories in its neighbourhood.

“We stand ready to work together with all regional partners through mutual understanding and cooperation,” said the prime minister.

Share this
Continue Reading

Economy

Bangladesh-Qatar Strengthen Ties with 10 Cooperation Deals

Published

on

bangladesh qatar

Bangladesh and Qatar signed 10 cooperation documents on Tuesday, including five agreements and five MoUs, aimed at strengthening ties and elevating relations to new heights.

Prime Minister Sheikh Hasina and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani witnessed the signing of the documents.

The five agreements cover cooperation in the legal field, promotion and protection of mutual investments, avoidance of double taxation, maritime transport, and the establishment of a Joint Business Council (JBC) between FBCCI & QCCI.

The five MoUs include cooperation in sports and youth, manpower employment (Labour), diplomatic training, education, higher education, scientific research, and between Qatar Ports management Company “MAWANI QATAR” and Chittagong Ports Authority.

Earlier in the morning, PM Hasina warmly welcomed and received Emir Sheikh Tamim at her office.

They had a tête-à-tête meeting at the Prime Minister’s Office, followed by a bilateral meeting.

After signing the visitors’ book, the emir headed for Bangabhaban where the president received him.

A high-level Qatari delegation led by Qatar’s emir is on a state visit to Bangladesh at the invitation of the president and the prime minister.

During the ceremony, a road and a park in Dhaka were named after Emir of Qatar Sheikh Tamim Bin Hamad Al Thani.

The park, constructed in Kalshi area of Mirpur under Dhaka North City Corporation, and the road from Mirpur ECB point to Kalsi Fly Over were named after Emir of Qatar.

Now, the road and park are known as Sheikh Tamim Bin Hamad Al Thani Avenue and Sheikh Tamim Bin Hamad Al Thani Park.

Share this
Continue Reading

Economy

FBCCI Pushes for SME Participation in Global Trade Fairs

Published

on

fbcci

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) is urging for greater involvement of marginal, small, and medium enterprises in international trade fairs. This initiative aims to spotlight Bangladesh’s promising products on the global market.

FBCCI President Mahbubul Alam made the call during the first meeting of the organisation’s Standing Committee on National and International Trade Fairs and Foreign Delegations. He emphasised the need to provide marginal, small, and medium enterprises with the space and resources to effectively display their products at these events.

“The participation of marginal, small, and medium enterprises is crucial at both national and international levels,” Mahbubul Alam said. “This will allow us to export Bangladesh’s promising products and open new markets.”

The FBCCI president informed that his organisation is actively discussing and collaborating with the government to make this a reality. He also proposed organising roadshows in neighbouring countries and Europe to revive the country’s handicraft industry and increase export opportunities for these products.

Standing Committee Chairman Nuruzzaman echoed Mahbubul Alam’s sentiments, highlighting Bangladesh’s vast potential and young population. “We need to move beyond the garment sector and focus on product diversification and market creation,” Nuruzzaman said.

Achieving this, he acknowledged, will require close collaboration with the Export Promotion Bureau, Ministry of Foreign Affairs, and Bangladesh Investment Development Authority.

FBCCI Senior Vice President Md Amin Helaly pledged the organisation’s support in facilitating increased exports through participation in foreign trade fairs. He stressed, however, the importance of raising awareness among Bangladeshis about the country’s diverse and promising products.

The meeting concluded with an open discussion where participants expressed keen interest in organising and participating in various sectoral fairs, both domestically and internationally, under the FBCCI’s umbrella.

Share this
Continue Reading