The Trading Corporation of Bangladesh (TCB) is set to begin selling essential goods at subsidized prices across the country.
However, the organization has announced price hikes for all its products, which consumers will now have to purchase at increased rates.
Despite the increase, these prices remain significantly lower than market rates. The sale of these products is scheduled to commence on Thursday, May 22.
Throughout the country, edible oil, sugar, and lentils will be sold from 690 mobile trucks daily. Among these products, the price of edible oil has been increased by Tk35 per liter, lentils by Tk 20 per kilogram, and sugar by Tk 15 per kilogram.
TCB made this announcement via a press release on Wednesday (May 21).
According to TCB, the subsidized sale of goods to low-income families holding smart family cards will begin on Thursday.
Previously, oil was sold at Tk 100 per liter to smart family cardholders, but it will now cost Tk 135. The price of lentils has increased from Tk 60 to Tk 80, and sugar from Tk 70 to Tk 85.
In addition to smart family cardholders, any general consumer can purchase Eid products through special truck sales.
Regarding the price increase, a TCB official stated that the government provides substantial subsidies for TCB product sales.
These price adjustments are being made to reduce those costs. Furthermore, the market price of soybean oil has increased, and this hike has also been factored in.
The press release also mentioned that, in addition to this program for Eid-ul-Adha, TCB products will be sold at affordable prices to all consumers via 690 mobile trucks daily across the country.
Dhaka will have 50 trucks, Chittagong 20, and each of the six divisional cities will have 10 trucks, with the remaining 56 district towns also having 10 trucks each. The mobile truck sales will run from May 22 to June 3 (including Fridays and holidays).
Each consumer will be allowed to purchase a maximum of 2 liters of oil, 1 kg of sugar, and 2 kg of lentils.
