Govt permits import of 4.5cr eggs to stabilise market

In view of the ongoing volatile situation in the egg market, the government has given permission to import of 4.5 crore eggs through seven designated firms.

The Ministry of Commerce today gave the permission to stabilise prices and ensure the availability of this essential commodity.

The firms are M/S Mim Enterprise, M/S Tawsin Traders, M/S Sumon Traders, Alif Traders, Himalay, M/s Prime Care Bangladesh and M/s Zaman Traders.

According to the ministry’s statement, this import permission will expire on December 31,  2024.

The domestic egg market has witnessed a sharp increase in prices over the past few months, driven by a supply-demand imbalance.

The cost of eggs has escalated to a record high, making it unaffordable for many consumers.