Bangladesh to buy more domestic rice to boost reserves
date:Feb 27, 2014
neral of Food said.

This time we are getting a good response from the farmers as we have raised the price of rice to 30 taka ($0.38) a kg from 26 taka a year ago to ensure a fair price for them, he said.

The current food situation does not resemble that in 2008, when wheat and rice prices surged to record highs, or that in 2011, when Bangladesh became a major rice importer after its local procurement drive failed, he said.

We have no plan to import rice this year, though global rice prices ar
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