[2] The main mission of TCB is to maintain a buffer stock of some selected essential commodities add sell them to stabilize the market price.
The Trading Corporation of Bangladesh (TCB) was established on January 1, 1972, by Sheikh Mujibur Rahman to ensure adequate supply of essential commodities and industrial raw materials in the volatile economic condition during the post-independence period.
Besides, TCB has continued its activities of keeping the supply and price of essential commodities stable within the country in line with the government's policy.
As a result, TCB has made a significant contribution to ensuring food security, achieving the country's economic growth, and building hunger and poverty-free Bangladesh.
The Ordinance that facilitated the formation of TCB i.e. PO 68/1972 has been amended to include the issue of "Building Buffer stock by collecting essential commodities".
Besides, a large number of people in the country, including the marginalized population, are enjoying the benefits of purchasing TCB's essential commodities at an affordable price.
As a result, the government can control the rise in the price of essential commodities more effectively and play a role in meeting the demands of the people.
As part of fulfilling the dream of building a ‘Digital Bangladesh’, TCB is inviting tenders in the e-GP (Electronic Government Procurement) system.
An agreement was signed with Canada's Saskatchewan Trade and Export Partnership (STEP) as part of strengthening bilateral, regional, and international relations with all countries.
As a result, consumers have been able to purchase essential commodities supplied by TCB (pulses, oil, sugar, chickpea, dates, and onions) at an affordable price in all districts of the country, including most of the Upazilas during the last Ramadan.
TCB's sales activities played a major role in keeping the country's food supply chain normal during the lockdown period.
But now it is working to meet the demand of the general public by selling pulses, sugar, and edible oil in the open market around the year.