Asif Mahmud Sajib Bhuiyan, Adviser to the Ministry of Labor and Employment said that the syndicate is a problem since birth, its violence will be broken very soon.
He said these things while speaking as the chief guest at the fair price sale of agricultural products organized by Fosal.com in front of the TCB office on Thursday (October 17).
Adviser Asif Mahmud said, evil practices have been happening in various sectors of our country for a long time. One of which was the market sector. That is why the price of some product increases every year. Egg prices have skyrocketed this year. Extortion and syndicate violence are mainly responsible for this. We are working to break the syndicate violence.
The Labor and Employment Adviser said that to reduce the suffering of the consumers, the bartering and syndicates should be eliminated. All private institutions should come forward. The government will help in this.
Asif Mahmud also said that entrepreneurs should take new initiatives so that consumers do not have to rely on syndicates. He said, syndicate is a problem since birth; its violence will be broken very soon.
AHM Safiquzzaman, Secretary of the Ministry of Labor and Employment, said that due to market syndicate and extortion, the price of products increases by 30 percent.
He said that cooperative system has not been introduced in the country yet. 4-5 hands change the price of products. However, if the cooperative system was adopted, there would not have been this instability in the market.