ECC approves MIP for tobacco crops throughout 2022

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The Financial Coordination Committee (ECC) on Monday authorised Ministry of Nationwide Meals Safety and Analysis proposals for Minimal Indicative Costs (MIP) of assorted sorts of tobacco crops for the 12 months 2022.

A particular assembly was nearly presided over by Federal Minister for Finance and Income, Shaukat Tarin, thought of and authorised Minimal Indicative Costs (MIP)for the 12 months 2022 for additional submission to the Cupboard for its approval/ratification, mentioned a press assertion issued by the Finance Ministry.

The committee authorised MIP of Flue Curved Virginia (FCV) consists of Plain Space at Rs240 per Kg and Sub Mountainous Space at Rs281.13 per kg.

The committee additionally authorised MIP of Darkish Air-Cured Tobacco (DAC) of Rs149.09 per kg, White Patta (WP) Rs123 per kg, Burley Rs178.50 per kg and Naswar/Snuff/Hookah and different tobacco and its merchandise at Rs123 per kg.

Amongst others, the assembly was attended by Federal Minister for Nationwide Meals Safety and Analysis, Syed Fakhar Imam, Federal Secretaries and senior officers.

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