Consumers hardly feel any sympathy for the downsizing that they have to experience due to price hikes. And all we get is haughtiness all around.
Like the refuse of the fish, the working class is also a refuse of the capitalist economy.
The High Court today directed the commerce secretary to form a high-powered committee to probe the price hikes of agricultural products including potato, onion and eggs, and ordered for submission of a report
Manipulation of potato prices is not new in Bangladesh.
For any major crop, there are local and national profiteers, who make plans to maximise profits way before the crops land in the markets.
Inflation has become a worldwide phenomenon, not only specific to the developing world.
Why expect different outcomes with the same flawed policy?
Govt move fails for lack of strong oversight on suppliers
This mechanism of hiking prices is not new.
MA Khair Chowdhury passed the Segunbagicha kitchen market disappointed.
Bangladesh is going through a period of economic slowdown and this weakening of the economy will be looming large for the entire period of 2023. The biggest problem for the common people now is inflation. It has increased the living cost and decreased the actual income.
Announcing counter-programmes on the same day as the BNP, and often at a venue close to the BNP’s, raises the possibility of tension at best and outright violence at worst.
Abdul Wahab, a security guard at an ATM booth of a private bank in the capital, works 16 hours a day.
Anyone with any faith in the market economy knew that the supply issues would be resolved eventually; but no one could possibly know when.
The Bangladesh Bank is yet to take any visible measure in line with a commerce ministry directive aimed at asking banks to earmark a portion of their foreign currency holdings to open letters of credit to import essentials ahead of Ramadan.
Some garment manufacturers are providing basic commodities to their workers at discounts opening shops on factory premises, bringing some relief amidst the skyrocketing of prices in the local markets.
Thousands of BNP activists have gathered on Alia Madrasa ground in Sylhet city’s Chowhatta area, hours before the rally starts.
Famine can be averted but we may still face a food crisis if the government cannot bring down prices
Govt must do more to stop consumers’ purchasing power erosion