This is a sheer waste of money. Why is Bangladesh buying expensive rice from Dubai and not directly from India?:

News India Live, Digital Desk : Rice Import Deal : At a time when Bangladesh is facing the challenges of food crisis and rising inflation, a strange purchasing policy of its own government has sparked a new debate in the country. The matter is so surprising that economists and experts directly “Waste of government treasury” Are telling.

The matter is related to the import of rice. Bangladesh imports large quantities of rice to meet its food needs, and its largest source has always been neighboring India. But this time, instead of purchasing rice directly from India, the Bangladesh government Dubai through a company of indian rice is buying, and that too at a very high price

What is this whole ‘golmaal’?

• Deal with: The Food Ministry of Bangladesh recently ordered a Dubai company ‘AGROCROP INTERNATIONAL FZE’ The proposal to purchase 50,000 tonnes of boiled rice has been approved.
• Where is the rice from: The irony is that this rice is ‘Made in India’, which this Dubai company will buy from India and sell to Bangladesh.
• Price Game: Bangladesh to Dubai company for this rice $507.60 per ton Will pay at the rate of Rs.
• If there was direct purchase from India?: On the other hand, an Indian company, ‘Baghiya Exports Limited’, has exported the goods to Bangladesh. $469 per ton Had offered to give rice at the rate of Rs.

Simply put, if the Bangladesh government had purchased rice directly from an Indian company, it would have received approximately Rs. Savings of $38.60 Would have happened. For 50,000 tonnes, this amount reaches millions of dollars.

Why are experts raising questions?

Food and agriculture experts of Bangladesh have raised serious questions on this strange deal. He says:

1. Straightforward waste of money: When the Indian government itself is ready to export rice directly to Bangladesh and Indian companies can supply at lower prices, then why is it paying extra money by involving a middleman from a third country (Dubai)?
2. Quality and timely delivery threats: Experts say that purchasing through third parties does not guarantee quality and timely delivery of rice. This could put the country’s food security in danger.
3. Fear of corruption: Some experts have also expressed fear of large-scale corruption in this deal. His question is, who is behind giving benefits to this middleman?

This matter has come to light at a time when Prime Minister Sheikh Hasina’s government is under immense pressure to control inflation and conserve foreign exchange reserves. In such a situation, this ‘wasteful expenditure’ from the government treasury can definitely become a big problem for his government.