Karachi January 24 2022: A special meeting of Economic Coordination Committee (ECC) of the Cabinet was held today.
Federal Minister for Finance and Revenue Mr. Shaukat Tarin virtually presided over the meeting to discuss the Minimum Indicative Prices of Tobacco.
Federal Minister for National Food Security and Research Syed Fakhar Imam, Federal Secretaries and senior officers attended the meeting. Ministry of National Food Security & Research submitted proposals for Minimum Indicative Prices of Tobacco.
The ECC after detailed deliberation considered and approved following Minimum Indicative Prices (MIP) of various types of tobacco crop for year 2022 for further submission to the Cabinet for its approval/ratification. S. No Type of Tobacco MIP for 2022 Crop
• Flue Cured Virginia (FCV) of Plain Area at PKR 240 per kg,
• Flue Cured Virginia (FCV) of Sub-Mountainous Area at PKR 281.13 per kg
• Dark Air-Cured Tobacco (DAC) PKR 149.09 per kg
• White Patta (WP) PKR 123 4 per kg
• Burley PKR 187.50 per kg
• Naswar/Snuff/Hookah and other Rustica tobacco and its products PKR 123 per kg