Taskforce to be formed to curb price hike: Tipu

Commerce Minister Tipu Munshi today said the government will form a taskforce in a day or two to check price hike.

"Some traders are trying to take advantage of the rising prices in the international market. But we have fixed the price through talking with the traders. We will not allow storage anywhere," he said.

The minister said this after an inter-ministerial meeting at secretariat in the city.

Tipu said the taskforce will conduct drives to monitor prices of essentials in the markets.

The minister also informed that the government will provide essential food items at subsidised rates to 1 core people across the country and 15 lakh people in Dhaka city through 450 trucks of Trading Corporation of Bangladesh  (TCB).