The Bangladesh government has decided to purchase around 350,000 tonnes of aman rice locally to increase food stock as to ensure food supply in the country.

The decision for the same was taken at the meeting held between The Food Planning and Monitoring Committee (FPMC and the food ministry on Tuesday.

Chief of the Committee, Food Minister Abdur Razzaque chaired the meeting while other members of the committee, Finance Minister AMA Muhith, Agriculture Minister Motia Chowdhury, Food Secretary Mushfeka Iqfat and Director General of the Directorate General of Food, Ahammad Hossain Khan were also present.

The prices at which importation would be made were not decided yet but it will be favourable to the farmer’s definitely.The reason being that there is a fluctuation in the rice prices due to nationwide close by the opposition and several other reasons also.

They will wait to announce the price rices until the market get stable.

“A meeting will be called within the next 15 days to fix the price of rice, considering the production cost of Aman rice this season. But, it will not be less than TK29 per kg as the production cost of rice was TK25.42 per kg this season,” the minister said.

He said that the food grain stock in the country is at 1.1 million tonnes, which was 1.5million tonnes in the previous year which is 0.4 million tons less so the government has made procurement to ensure food suppy in the country.

The target of Aman Rice production this year has been set to 13.2million tonnes.

 Razzaque also said the government has decided to allocate money instead of food grains in the “Food for Work” programme under the disaster management and relief ministry.

 It would also help to maintain the country’s food stock.