JS body for assessing commodity demand 6 months ahead

The Parliamentary Standing Committee on the Ministry of Commerce on Tuesday suggested authorities concerned to go for stockpile of essential commodities, such as onion and potato, after assessing the demand six months in advance to keep the market stable.

“Stockpile of essential commodities should be based on demand and supply assessment five to six months before to keep the market stable and price at reasonable level,” the committee said after a meeting at the parliament building.

Committee Chairman Tofail Ahmed MP chaired the meeting, attended by Commerce Minister Tipu Munshi and members of parliament Mahmud Us Samad Chowdhury, Tahjib Alam Siddiki, Selim Altaf Jorge, and Sultana Nadira, said a press release.

The parliamentary body also made recommendations to solve any problem regarding essential commodities in future by holding inter-ministerial meeting.

It also laid emphasis on increasing local production to meet the demand.

Commerce secretary and officials concerned were present at the meeting.