In recent times there has been a trend of rising rice prices which had adverse impacts on purchasing power of consumers and their welfare. On the other hand, farmers are not being able to benefit from the rise in prices of rice. Some have argued that this is happening because of the mismatch between demand and supply scenarios, while others have put the blame on millers. Government’s food grains storage situation, procurement policies and import practices were also mentioned as reasons for the volatility in the rice market. To discuss the possible reasons driving high rice prices, Citizen’s Platform for SDGs, Bangladesh organised a virtual dialogue titled “Why is the Price of Rice Rising? Who Gains, Who Loses?” on Sunday, 10th January 2021. The dialogue was attended by a large number of key stakeholders who came up with a number of recommendations in view of the emergent situation.
Publication Period: February 2021