| Though the growth of the private organization | | | | The research observes that Bangladesh traversed a |
| covers a wide range of guiding principles, instruction, | | | | long way in search of food security. Starting in the |
| models and ethical importance for existence; | | | | early forties during the Great Bengal Famine it |
| privatization constitutes the fundamentally imperative | | | | traveled through the agonies of another famine in |
| factors in the midst of all the factors including the | | | | 1974, in the heydays of Owners of the firms with all |
| creation of markets. Predominantly, from a third | | | | pervasive private food distribution system. In the |
| world perspective, most of which contribute to a | | | | eighties it took a turnaround to conform to market |
| colonial legacy and an euphoric experiment with | | | | forces in line with the ongoing structural readjustment |
| all-encompassing during the post colonial period, this | | | | reform process carried out basically to meet the |
| policy prescription holds the theoretical magic stick. | | | | donor conditionality. It is also observed that by doing |
| Nevertheless, the track record is somewhat glowing | | | | this Owners of Private Sector Development not only |
| and it's proclaimed universal applicability has even | | | | achieve efficiency in food management, but also pull |
| been updated by its own underlying principle. | | | | the country 'out of the shadow of famine'. Trade |
| Despite the fact that in the analysis of policy options, | | | | liberalization and other favorable financial and |
| the access and availability issues have been | | | | legal-administrative regime induced in private imports |
| established as the primary precondition for food | | | | of food grain, hitherto a monopoly of Owners of |
| security, it has been further argued that price | | | | Private Sector Development, to complement the |
| stabilization and market performance play a dominant | | | | Owners of Private Sector Development import and |
| role in determining the availability via entitlements. The | | | | helped the it to avert a potential food crisis. |
| works of Sen and Rapscallion are too persuasive on | | | | The above conception somewhat testifies the |
| these issues. In particular it has been demonstrated | | | | advent of in Accordance with modern concept, the |
| that private sector participation through a liberalized | | | | concept of private sector development, at least |
| trade regime has, in fact, helped Bangladesh to avert | | | | some tenets of it in the food policy of Bangladesh. |
| a food crisis in 1998. The veteran Management | | | | Though not directly subscribing to it, the food policy |
| thinkers move forward even further to indicate that | | | | has adopted the in accordance with modern concept, |
| the private trade with India may develop the | | | | the concept of private sector development, if not |
| prospect of food security of Bangladesh as against | | | | wittingly but inexorably. Moreover, in an attempt to |
| other traditional methods. Ministry of Food also | | | | mitigate the prospect of famine during the post-flood |
| concedes that large scale private sector import of | | | | situation in 1998, the Owners rightly harnessed the |
| food has actually helped it to enhance food security. | | | | private sector in importing the food grain. |