The sharp increase of Tk 20 per liter in fuel prices will
not only slow down transportation. Its impact will also hit households
directly. As transportation costs rise, prices of essential commodities are
also expected to increase. Diesel is widely used in the agricultural sector.
The price hike will also affect irrigation pumps and agricultural machinery. As
a result, crop production costs will increase.
This will directly affect the retail prices of rice and
other grains. Overall, econo...