, Oct. 14 -- The government on Tuesday approved a variation proposal involving the construction of Narayanganj Rice Silo under the Modern Food Storage Facilities Project (4th Revised), being implemented by the Directorate General of Food with financial support from World Bank.

The approval came a meeting of the Advisers Council Committee on Government Purchase held virtually with Finance Adviser Dr Salehuddin Ahmed in the chair.

According to the Food Ministry's proposal, the variation applies to Package W-23 of the project.

The original contract value was Tk 46.53 crore and USD 3.22 crore, which has now been revised to Tk 42.53 crore and USD 3.24 crore following an adjustment that includes an increase of Tk 4 crore and USD 1.53 lakh. ...