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‘Fresh strategy to control prices in a day or two’ PDF Print E-mail
Wednesday, 12 March 2008

Staff Correspondent

Commerce adviser Hossain Zillur Rahman has said prices of some essentials have become ‘sensitive’ for ordinary people and the government is examining the factors that make the market unstable time and again.

‘We will come up with fresh strategies in a day or two to keep the market stable,’ he told journalists in the sidelines of the South Asian Sociology Conference, organised by South Asian Sociological Society at Spectra Convention Centre in Dhaka on Monday.

He claimed that the market was stable until March 2 following a meeting with traders on February 2, where prices of edible oil were set. ‘But market has turned unstable again,’ he said, adding the government would soon sit with businessmen and others concerned to find out the shortcomings of the previous steps taken for containing price hikes.

Three groups of people – producers, importers and consumers - are involved in the market system and the government will have to do everything in coordination with all of them, the adviser said.

The adviser claimed that rice price remained somewhat stable, but not the cooking oil prices. Speaking at the conference’s inaugural session as chief guest, Zillur highlighted the social aspects of the crisis and unrest in the globalised era. ‘In the era of globalisation, many economic changes are taking place causing unrests in the society. But we only discuss the economic aspects.

There are social aspects which should come up for discussion,’ said the development economist. About the market situation, he said many issues like the producers, prices of commodities, importers and other forces which control supply chain should be taken into consideration for prudent market management.

Referring to the unrest in garment sector, Zillur said, ‘We need to know the social aspects of it.’ He also touched upon Millennium Development Goals, education, internal mobility, mindset and personality of urban and rural citizens.

Chaired by Professor Bazlul Mobin Chowdhury, vice-chancellor of Independent University, the conference was attended by sociologists from South Asian nations, including India, Pakistan and Sri Lanka.

Former president of Indian Sociological Society Professor Partha Nath Mukherjee presented keynote paper on “Sociology in South Asia: Recent Trends and Future Prospects,” while Professor Fateh Mohammad Burfat of Pakistan Sociological Society and Professor Uttamarao Bhoite of Indian Sociological Society addressed the inaugural session.

Professor Narul Islam, convenor of the South Asian Sociological Society which was founded in New Delhi in 2005, launched the two-day conference in Dhaka. Three more sessions – Epistemology and Sociological Theory, Gender and Society and Poverty and Social Extension – were held on the first day.

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