“Remove Rice Import Duty: Tariff Commission Urges Action!” | (चावल आयात शुल्क हटाएं: टैरिफ कमीशन )

Main Points In Hindi (मुख्य बातें – हिंदी में)

1. आयात शुल्क में कटौती की सिफारिश: बांग्लादेश व्यापार और टैरिफ आयोग (बीटीटीसी) ने सरकार को चावल पर आयात शुल्क को अस्थायी रूप से वापस लेने की सिफारिश की है ताकि स्थानीय बाजार में चावल की आपूर्ति बढ़ सके।

2. हालिया बाढ़ों का प्रभाव: कृषि विस्तार विभाग के आंकड़ों के अनुसार, हाल ही में आई दो बाढ़ों के कारण 8.39 लाख टन चावल का उत्पादन बाधित हुआ है, जिससे बाजार में कमी आई है।

3. स्थानीय बाजार की स्थिति: बीटीटीसी ने रिपोर्ट में कहा है कि चावल का आयात प्रोत्साहित करने के लिए शुल्क में छूट जरूरी है, लेकिन 20 अक्टूबर को की गई कटौती से चावल की आपूर्ति बढ़ाने में कोई खास मदद नहीं मिलेगी।

4. आयात लागत और स्थानीय कीमतों में अंतर: वर्तमान में, आयातित बढ़िया चावल की कीमत 80 टका प्रति किलोग्राम और मोटे चावल की कीमत 76 टका प्रति किलोग्राम होगी, जबकि स्थानीय चावल की कीमतें क्रमशः 65 और 55 टका प्रति किलोग्राम हैं, जिससे आयातकों के लिए आकर्षण कम हो गया है।

5. खाद्य मुद्रास्फीति की स्थिति: बांग्लादेश में खाद्य मुद्रास्फीति अप्रैल से लगातार 10 प्रतिशत से ऊपर बनी हुई है, जो उपभोक्ताओं की खरीद शक्ति को प्रभावित कर रही है।

Main Points In English(मुख्य बातें – अंग्रेज़ी में)

Here are the main points from the provided text:

1. Import Duty Reduction: The Bangladesh Trade and Tariff Commission (BTTTC) has stated that the reduction of import duty on rice from 62.5% to 25% as of October 20th is still insufficient to significantly lower the prices of imported rice in the local market.

2. Flood Impact on Rice Production: Recent floods from August 16 to October 15 disrupted the production of 839,000 tons of rice, highlighting the necessity for increased rice imports to stabilize local supply and prices.

3. Insufficient Import Activity: Despite the duty reduction, only 26 tons of rice have been imported so far, indicating a lack of incentive for importers to purchase rice overseas due to prevailing market conditions.

4. Price Comparison: Even with the duty cut, the final prices of imported rice could range from Tk 76 to Tk 80 per kilogram, compared to locally produced rice priced at Tk 55 to Tk 65 per kilogram, making local rice more competitive.

5. Rising Food Inflation: The report emphasizes ongoing food inflation in Bangladesh, with food prices remaining above 10% for six consecutive months, necessitating measures to protect consumers amidst rising costs.

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Complete News In Hindi(पूरी खबर – हिंदी में)

बीटीटीसी का कहना है कि 20 अक्टूबर को शुल्क में कटौती अभी भी आयातित चावल की कीमतों को कम करने के लिए पर्याप्त नहीं है

Complete News In English(पूरी खबर – अंग्रेज़ी में)

The Bangladesh Trade and Tariff Commission (BTTTC) has stated that the reduction in import duties on rice, effective October 20, is still insufficient to lower the prices of imported rice.

Today, the BTTTC recommended that the government temporarily remove import duties on rice to increase its supply in the local market. A report from the commission highlighted that recent floods between August 16 and October 15 have disrupted the production of 839,000 tons of rice.

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The BTTTC suggests that encouraging rice imports is necessary to stabilize consumer purchasing power by reducing duties. In a report sent to the Ministry of Commerce, the Ministry of Food, and the National Revenue Board (NBR), the commission mentioned that importing rice at international market prices should not harm local producers.

To boost imports and local market supply, the NBR cut the rice import duty from 62.5% to 25% on October 20. This reduction was expected to decrease import costs by Taka 14.4 per kilogram. However, despite this duty reduction, importers have so far only opened letters of credit for 26 tons of rice, according to the BTTTC report.

The commission indicated that the duty cut may not significantly help increase rice supply in the Bangladeshi market. A key rice importer, who wished to remain anonymous, explained that given the current market conditions, it is unlikely that anyone would consider buying rice from abroad. Even if the duty were eliminated, the total cost of high-quality imported rice would reach Taka 80 per kilogram, while coarser rice would amount to Taka 76 per kilogram. In contrast, locally grown high-quality rice is currently sold for about Taka 65 per kilogram and coarse rice for Taka 55 per kilogram.

The BTTTC report also noted that the prices of high-quality rice have remained stable compared to the previous month, while medium and coarse varieties saw slight price increases of 1.74% and 1.9%, respectively. Over the past year, the prices of all three rice varieties have increased by 1.09%, 9.35%, and 7%.

The report emphasized that Bangladesh requires about 37 to 39 million tons of rice annually, with most of this supplied through domestic production. According to the Bangladesh Bureau of Statistics (BBS), farmers produced 40.6 million tons of rice during the 2023-24 fiscal year, marking a year-on-year increase of 4.1%, which is the highest growth in the last six years. For the first time, Bangladesh has received over 40 million tons of rice in a single fiscal year.

BBS data also revealed that food inflation in Bangladesh has remained above 10% for six consecutive months starting in April this year.



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