Fruit Prices Rise Further After Duty and Tax Cuts
Instead of falling after the government cut duty and taxes on fresh fruit imports, the prices of imported fruit in Dhaka have risen further, led by apples and black grapes.
Instead of falling after the government cut duty and taxes on fresh fruit imports, the prices of imported fruit in Dhaka have risen further, led by apples and black grapes.
Watermelon farming on the chars of Mirsarai has grown from 145 acres in 2022 to about 1,200 acres this year, and farmers hope for Tk 100 crore in sales.
Watermelons change hands four times on the way to market and sell for four times the farm-gate price, while the farmers who grow them miss out on a fair price.
Young agri-entrepreneur Md Omar Sharif has succeeded in growing Thai sapodilla in the hills of Mirsharai in Chattogram, and this year sold some of the fruit at market.
Barguna's watermelon farmers are not getting a fair price as the fruit bought from them for Tk 150 sells for up to Tk 600 after passing through four hands.
After a long dry spell, a light drizzle in Chapainawabganj on Friday has brought relief to mango growers, and the agriculture department calls it a blessing for the crop.
Watermelon has yielded well again this year on the isolated chars of Bhola, and with lower costs farmers are hoping for bigger profits.
Watermelon seeds that are usually thrown away can be kept for sowing if they are stored cool, dry and airtight.
Imported fruit prices in Khulna have risen by Tk 20 to Tk 50 a kg during Ramadan, while cheaper local fruit is drawing more buyers.
The government has cut the supplementary duty on imported fresh fruit such as apples, grapes, pears, oranges and malta, which may bring prices down.
Tamarind that once lay under the trees in Khagrachhari now sells at Tk 120–130 a kg, bringing money into the hill district's economy.
The government has halved the tax collected at source on imports of fresh fruit such as apples, grapes, pears, oranges and malta, from 10 percent to 5 percent.
Chief adviser Professor Muhammad Yunus has ordered vacant posts in government agencies and institutions to be filled quickly.