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'Edible oil crisis: what is the way out' | a a abir akash

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The unbridled rise in the price of edible oil or edible oil soybeans in the market, the artificial crisis, the creation of various manipulations have created extreme frustration among the lower and middle class people. Prices of essential commodities, including soybean oil, have skyrocketed. As a result, the daily life of the common and poor people of the country has become miserable. The failure of the ruling government to do so and the rise in prices of essential commodities and the involvement of MP-ministers in the manipulation of edible oils are being sharply criticized through social media.

The public buyers no longer understand the international market, it is a matter of seeing at what price, how much money they got the product. Thinking of the common man, the government should as soon as possible curb the rising prices of essential commodities and the exorbitant prices of edible oils. Where last year the price of edible oil was sixty rupees per liter, today it has crossed two hundred rupees per liter. How low and middle income people are in this situation.

In the last two years, many people in Korona have become so poor that they cannot afford to buy a liter of soybean oil for 200 rupees. As a result, the creation of the world is an additional problem. Many families are trying to break up the family due to the problems caused by oil. The price of this edible oil has caused great distress to the common man. The price of soybean oil per liter is gradually surpassing Rs. Along with this, the prices of all other necessities are also increasing.

Edible oil prices have risen in the world market. Indonesia has raised oil prices by forming a syndicate among domestic importers and wholesalers over a ban on palm oil supplies. However, Indonesia later lifted the ban. But how to pull the reins of the ongoing oil crisis! However, the price of edible oil at Rs 200 per liter has not been fixed at all. What kind of mindset do the traders have that they can sell 60 rupees oil for 200 rupees and 40 rupees palm oil for 160 to 180 rupees!

Its effects and pressures will severely affect the lives of ordinary people. If the government does not take proper measures for the welfare of the people, then the price of essential commodities will become a huge blow to the people of the country. It is impossible to predict at what stage the situation in the country will come to a standstill. The standard of living of the people will become miserable.

God knows what is written in the destiny of the people by the courage of the government to run the country indiscriminately. The government, however, says there is no shortage of oil in the country. So where did this crisis come from, why, how was it created? Can't the government solve it if it wants to? But the reality is different. Before and after Eid, there is an extreme artificial crisis of edible oil and daily necessities. The people of the administration are revealing and fining the stock of oil in the shops in the markets in different parts of the country. Will oil prices rise further? Otherwise, why store oil blindly? Why oil drama will start!

In order to increase the consumption of oil at a higher rate than before, the manipulation of traders with oil is increasing day by day. At present, 95% of edible oil is imported in the market. With this opportunity, importers are destabilizing the country. However, the government is trying to take various initiatives. Soybean oil prices rise as Indonesian government bans palm oil exports However, the ban has been lifted. This opportunity is not less than the rumors in the world market. Rumors have made the market more reckless. The increase in prices from time to time makes the consumers unhappy.

An average of 75,000 tons of crude soybean oil is imported every month. Three companies produce soybean oil by threshing soybean seeds. These companies produce an average of 26,000 tons of soybean oil per month. In all, there is a demand of more than one lakh oil per month in the country. Importers have been reducing soybean oil imports for some time due to instability in the world market. As a result, the price of soybean oil has been rising by more than Rs 200 per kg.

Has the government of Bangladesh taken any steps to meet the demand of edible oil in the country if oil prices fluctuate in the world market? So far no such action has been taken by the government. However, the government will soon have to take effective steps to increase the production of edible oil in line with the market demand. We need to innovate new oilseeds suitable for soil and climate and increase production on a large scale in char areas. In general, the government and edible oil importers need to focus on oil production in the country by reducing their dependence on edible oil imports. We have seen that mustard oil was once used as edible oil in the country. Mustard oil is rich in nutrients and is used as animal feed and fish feed. Oilseeds that can be used for many purposes need to be imported.

The government has to take an effective role in increasing the oil production in the country by reducing the import dependence on the one hand and the traders on the other. Oil is produced from mustard, groundnut, sesame, linseed, soybean, kusum flower and sunflower flower. In Laxmipur district in Bangladesh, soybean is produced in only 4% of the total cultivable land. Its prevalence should be increased all over the country.

Production and storage of improved varieties of seeds, use of modern technology, training of farmers, incentives for oil seed cultivation and provision of all facilities including provision of loans on easy terms and other facilities should be ensured. The soil of our country is formed by the fertile silt floating from the sea. So the soil of this delta is very fertile. Very few countries in the world have such resources. Therefore, the government and traders need to take immediate and effective measures to increase the oil production capacity of the people of this country through proper use and move towards export in the future as opposed to importing edible oil. Otherwise it will be difficult for us to survive in the competitive market.

A. A. Abir Akash: Poet, essayist, columnist and journalist. Editor: Abir Akash Journal [email protected]