Action against traders jacking up prices in Ramadan: Khokon

Issuing a warning, Dhaka South City Corporation (DSCC) Mayor Sayeed Khokon on Tuesday said legal action will be taken against any trader if found involved in increasing prices of essentials ahead of the Ramadan.

“The prices of sugar, pulse, gram, flour and other commodities will remain the same as it is now, but if the prices of daily essentials will rise in the retail market then action will be taken,” said DSCC Mayor.

Sayeed Khokon made the warning while talking at a view-exchange meeting with the business leaders over keeping the prices of Ramadan essentials stable during the month. The meeting was held at Nagar Bhaban in the city.

When talking to reporters, the Mayor said the business leaders have assured that they will take steps for keeping the prices of daily commodities including soybean oil stable in the market.

Despite having adequate supply of daily essentials, a vested quarter is involved in increasing the prices of commodities during the month of Ramadan, he said adding that “Legal action will be taken against any trader if found involved in price hiking.”

Presided over by the DSCC Mayor Sayeed Khokon, City group Chairman Fazlur Rahman, S Alam Group Manager Salauddin and TK Group Managing Director Mustafa Haider were, among others, present at the meeting.

Source: unb