The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal in principle for procuring some 0.40 million tonnes of rice under the Direct Procurement Method (DPM).
The approval came from the 20th meeting of the CCEA this year held on Wednesday virtually with Finance Minister AHM Mustafa Kamal in the chair, reports UNB.
Briefing reporters after the meeting virtually, Cabinet Division Additional Secretary Md Abdul Barik said that the meeting approved another proposal in principle for fixing the timeframe of submission of tender bids at 15 days instead of 42 days after publishing of advertisement in newspapers for importing some 0.50 million tonnes of rice on urgent basis through international open tender method.