Rice is the staple food of Bangladeshi people. With rising population, we need to increase rice production. But our cultivable land decreases day by day for various reasons, such a, land erosion, enhancing housing, setting up industries, petrol pump, CNG station and electricity and mobile tower. It is evident that due to insufficient land and frequent natural disaster, people demand for rice is not met by domestic production. So we have to import a huge amount of rice. As we have cultivated land and unemployed manpower, we have the wastage of resources each year. In this paper, researcher tries to show the reasons and possible solutions for the present food crisis (rice) and whether production of rice is beneficial (profitable) either at domestic or through import.