Government to buy sugar and lentils worth Tk 180.72 crore to build up stocks

The government is buying 10,000 tonnes of sugar and 10,000 tonnes of lentils to build up public stocks. The two commodities will cost a total of Tk 180.72 crore.

The purchase proposals were approved on Thursday (12 November) at a meeting of the cabinet committee on government purchase, chaired by Finance Minister Amir Khosru Mahmud Chowdhury.

Under a commerce ministry proposal, buying 10,000 metric tonnes of sugar will cost Tk 103.95 crore.

The price of sugar will stand at Tk 103.95 per kilogram including VAT and taxes, and the sugar will be supplied in 50kg sacks.

Meghna Sugar Refinery Limited (Fresh) has been recommended as the lowest bidder for supplying the sugar.

Buying 10,000 metric tonnes of lentils, meanwhile, will cost Tk 76.77 crore. The lentils, also supplied in 50kg sacks, will cost Tk 76.77 per kilogram including VAT and taxes.

Shabnam Vegetable Oil Industries Limited is the firm recommended in the tender for the lentil purchase.

Both commodities will be procured locally through open (national) tender on the e-GP system.