The Cabinet’s Economic Coordination Committee (ECC) agreed Minimum Indicative Prices (MIP) for several types of tobacco crops for the year 2022 at a special meeting.
Mr. Shaukat Tarin, Minister of Finance and Revenue, virtually presided over a meeting to examine Minimum Indicative Prices for Tobacco, at which the Ministry of National Food Security and Research made ideas.
The price of dark air-cured tobacco (DAC) has been set at Rs149.09 per kg, while White Patta, Naswar/Snuff/Hookah, and other Rustica tobacco and its products have been set at Rs123 per kg. The rates of two varieties of Flue-Cured Virginia (FCV) have been set at Rs240 and Rs281.13/kg.
