top of page
Writer's pictureMizanur Rahman

Telesmati with oil: Who has looted crores of money?



Corona's push has shaken the world's economy and market framework. Normally, the circumstance in Bangladesh is the same. Since we need to depend on imports for the vast majority of the day to day items. Subsequently, individuals need to consume in the fire of rising item costs. The Ukraine-Russia war circumstance was filled by that fire. That being said a few inquiries remain. For instance, paddy creation has improved, stocks are adequate, so there is no deficiency; So for what reason do normal individuals need to battle to purchase rice? The response might be two - either the public authority has not given exact data on creation and stocks, it is showing extra measurements or it has made this flimsiness by partnering on the lookout.


One of the clergymen of the public authority said that the BNP money managers have expanded the cost of merchandise by partnering. Talking about which, the BNP has shown such incredible 'achievement' by making insecurity in the entire country by expanding the costs of items where it can't riot to hold parades and mobilizes! Another priest said the state leader was checking the market. Recently I was conversing with a financial expert about rising ware costs and unsteadiness in open life. His irate response to these assertions of the clergymen is, the place where they will console individuals, going against the norm, they are deluding by saying these words!


The most discussed item currently is eatable oil. Soybean oil costs have risen at least a couple of times in the country because of rising costs in the worldwide market. And, after its all said and done there is no soybean oil in the market now. The public authority has likewise restricted the offer of open oil to check oil stocks on the lookout. In the mean time, 70% of soybean oil is sold in the open, with the principle shoppers being mostly low-and center pay individuals. They can't stand to purchase packaged soybean oil because of exorbitant costs. Then, at that point, the line of individuals behind the TCB truck will be increasingly long. Individuals are representing hours in the desire for TCB's truck, nobody is getting it, nobody is getting it, they are engaging in conflicts, individuals are running like insane behind the truck, assaulting the moving truck. As though there is a starvation in the country!


Now and again individual items vanish from the market. Once in a while salt, now and then sugar, now and again onion. Maybe the dealers of every item alternate to 'arrange' or allow them an opportunity. Presently it is the turn of consumable oil merchants? That is by all accounts the case, said AHM Safiquzzaman, chief general of the National Consumer Protection Department. He said in a trade of perspectives with agents of plant proprietors and market dealers last Wednesday that plant proprietors say they have sufficient oil saves. Brokers say they have not had the option to get oil subsequent to cutting the request (SO) for a month, which should be gotten in 15 days or less. This has prompted an emergency in the soybean oil market. In such a circumstance, 1,000 crore rupees has been removed from the market. He cautioned, "We will see who took the cash. Whenever got, nobody will be saved."

Agents of soybean oil creating organizations like TK Group, Meghna Group, City Group, Bashundhara Group, wholesalers and vendors were available at the gathering. It is obvious from their shared fault that a fake emergency has been made with palatable oil. Delegates of the gatherings say the right items are being provided. The items are being given at the cost fixed by the public authority. Everything is good to go anyplace in the stockpile. They likewise gave information on the number of tons an organization has provided over the most recent three months. All things considered, they griped against the wholesalers for purchasing items from them and selling them at more exorbitant costs. Wholesalers, then again, say, "In the event that there is no lack of provisions, for what reason don't we get the merchandise?" Even 50 thousand rupees for each truck is being taken to enter the match. They are not getting soybean oil even subsequent to purchasing oil deals request (SO) and moving starting with one organization's factory then onto the next with a truck.


The soybean oil market is overwhelmed by a small bunch of organizations. Therefore, it is easy for the public authority to control this market. Why the public authority couldn't do that? Going against the norm, the top of the public authority organization plunked down and guaranteed that a large number of crores of rupees had been washed from the market. Presently who wasted this cash by making a counterfeit emergency? As per the Department of Consumer Protection, the country's yearly interest for palatable oil is 2 million metric tons. As per him, the interest for quite a long time is around one lakh 50 thousand tons. Presently the factory proprietors say they have provided according to request. However, the remarks of wholesalers and vendors are unique. So who for sure party is liable for the present circumstance? On what premise is this case of illegal tax avoidance?


The Director General of the Department of Consumer Protection told BBC Bangla, "Assuming there is an interest of 5,000 tons of eatable oil each day, on the off chance that it is expanded by Rs 10 for every liter, the complete figure will be a lot higher." thusly, we have given a surmised figure. 'That implies how much illegal tax avoidance is significantly greater. That number will keep on ascending until the market is managed. Despite the fact that it doesn't become 5 thousand crore rupees, the division is pursuing that objective.


The portable court is leading a market activity in the market to control what is happening. Weighty fines are additionally being exacted on sporadic retailers and wholesalers. After shared allegations in the trading of perspectives, the organizations have begun managing one another. Presently this telesamati with oil will stop out of nowhere? Or then again Lopat's objective has not been met at this point! The period of Ramadan is on the way. Will the control of soybean oil go on till then, at that point? Dealers of some other item should be sitting tight for their turn! This is the way one 'Begampara' after one more is being shaped external the country. Regardless of the amount we are baffled by the outcome of compelling turn of events, everybody realizes that in excess of a little over half of the MPs in Parliament are financial specialists. There is no question that the tax criminals won't be saved and the admonition will stay unfilled.


5 views0 comments

Comments


bottom of page