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Lemon price cap set in Bangladesh

In Bangladesh, a directive has been issued by State Minister for Commerce Ahsanul Islam Titu, setting a cap on lemon prices at Tk 40 amidst a sudden price surge. This decision was announced in a meeting with traders at the Aminbagh Cooperative Market Society Limited. The move comes after prices soared to between Tk 60 - 80 per Hali, raising concerns among consumers and authorities. Titu highlighted the government's efforts to stabilize the market and ensure the affordability of essential goods, stating, "We're actively working to address the pricing discrepancies from production to consumption."

He further declared a strict stance against unlicensed traders, indicating that only those authorized by the Ministry of Agriculture would be allowed to operate. The minister also mentioned ongoing measures to monitor the prices of other staples like edible oil and sugar, with specific thresholds set for intervention. This initiative reflects a broader commitment to rectifying market imbalances and safeguarding consumer rights.

[ Tk 100 = €0.84 ]

Source: en.somoynews.tv

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