News

Bangladesh: Government sets price of agro-products with highest profit for farmers

Bangladesh
Published Nov 28, 2021

Original content

The government has set the logical price of some agricultural products at production, wholesale and retail levels so that the highest rate of profit can be ensured for farmers. Under the Agriculture Marketing Policy-2021, issued this month, the Directorate of Agriculture Marketing (DAM) has set a separate rate of profit for farmers, wholesalers and retailers, DAM sources said. According to the policy, farmers who produce paddy, rice, wheat, maize and other food grains can set the price of their produce by adding 30% to the production cost while wholesalers can make 15% and retailers 25% profit. The rate of profit has also been set for various other agro-products including jute, tea, cotton, tobacco, lentils, all kinds of fish (fresh, dried and frozen), egg, milk, juice, pickle and chips. For fruits, the DAM keeps the option of 30% profit at farmer and retailer level and 20% profit at the wholesale level. Besides, the producers are allowed to make the highest 40% profit by selling ...
Source: TBS
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.