A detailed and articulated analysis on 'Agriculture and Commodity Prices: Price of Rice and Election Commitment' by Professor Wahiduddin Mahmud published in the Daily Prothom Alo. Though the article is a bit older, however, it is timely one, in terms of its implication in the current market situation. Several issues to note:
1. Food price is a serious issue for all, especially for the poor.
2. The days of enjoying low-priced food may be slowly phasing out.
3. Agricultural input subsidy should be targeted toward final farmers and more production oriented; not on ad-hoc basis, shouldn't be considered as the substitute of price subsidy.
4. Most importantly, the Government must update the current demand-supply estimates of commodities (surely there is a clear information gap) before implementing its long-term policies.
An important related issues also came out from this article by Professor A.K. Enamul Haque published in the Daily Ittefaq.
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