Government Leaves Agro-Processed Products in Crisis by Not Cutting VAT
Biscuit and agro-processing manufacturers say the proposed 2025-26 budget failed to reverse the VAT rise on their products, pushing the sector into crisis.
Biscuit and agro-processing manufacturers say the proposed 2025-26 budget failed to reverse the VAT rise on their products, pushing the sector into crisis.
A Chapainawabganj trader has sent one tonne of Khirsapat mangoes to England at the start of the season.
Oli Ullah, a former day labourer, built Janata Engineering in Chuadanga into a maker of 40 types of farm machinery with annual sales of Tk 45 crore to 50 crore.
Green mangoes have reached almost every market in Dhaka with the start of Baishakh, selling at Tk 80 to Tk 100 a kilogram.
Guava growers in Jhalakathi, already hit by a smaller crop, say the unrest over quota reform has kept away wholesalers, buyers and tourists.
Chapainawabganj's Kansat mango market has filled up with fruit and buyers again after the quota reform unrest, but cash payments have not fully resumed.
Prices of mangoes and other local fruit are rising in Dhaka's markets even as vegetables, fish and chicken get cheaper after the unrest.
Mangoes booked with couriers in Naogaon's Sapahar on 17 and 18 July rotted on the road during the quota movement's complete shutdown, a loss estimated at Tk 14-15 lakh.
Prices of local fruit have risen by Tk 20-50 a kg in two or three days as demand rises during Ramadan, traders say.
The country's biggest mango market at Kansat in Chapainawabganj has opened, but trading is still well below other years.
Trade has not yet begun at Kansat, the country's largest mango market, but wholesalers are getting ready for the season.
Jamal Khan, who lost his mother at 10 and could not finish primary school, built a nursery in Rupganj with Tk 1.2 lakh saved from selling fish fry and now earns more than Tk 5 lakh a year.
The famous round Lafa brinjal of Gafargaon in Mymensingh is disappearing as farmers switch to higher-yielding varieties.