The incidence of Poverty in Bangladesh is one of the highest in the world. Millions of people suffer from the hardship of poverty. About one-third (31.5 percent) of its population is living below the poverty line. Moreover, inequality afflicts the persistence of poverty. Furthermore, the recent spikes in food prices, causing food inflation, have impact on poverty and in a business as usual scenario, with the increase of one percent in food inflation, may plunge an additional population of 0.04 million under the poverty line.