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Karwan Bazar

Task force conducts drive to tame prices


Published : 14 Oct 2024 09:26 PM

In a bid to maintain reasonable commodity prices, a taskforce led by executive magistrate Umar Faruk conducted a rigorous drive on Monday at the kitchen market in Kawran Bazar, Dhaka.

The operation unveiled serious issues of price manipulation among wholesalers, middlemen, and retailers. The market is operating entirely without documentation, with traders conducting business without purchase and sale receipts. This lack of accountability has led to arbitrary pricing, with traders shifting blame rather than offering constructive solutions.

The taskforce issued strict directives requiring all traders to collect and provide purchase and sale receipts, emphasizing that paperless transactions are strictly prohibited. Market leaders were instructed to keep their offices open at all times and maintain an updated list of traders. This proactive approach will see ongoing monitoring and enforcement actions against profit-driven and market-disrupting offenders in the city. In the drive, two traders were fined a total of Tk 3,000 for violating the regulations.

Mohammad Abdul Jabbar Mondol, Assistant Director of the Directorate of National Consumer Rights Protection, along with officials from the Livestock Department, the Information Officer, and representatives from CAB and Anti-discrimination student activists were present at the drive.