The Economic Coordination Committee (ECC) of the Cabinet has approved the revision of Minimum Support Price of wheat crop 2020-21 at the rate of 1800 rupees per 40Kg.

According to press statement issued by the Finance Ministry, the cabinet committee meeting chaired by Federal Minister for Finance Hammad Azhar also approved the wheat procurement targets in addition to allowing import of 3 million metric tons to meet the requirements of consumers and build strategic reserves.

The committee allowed the commercial import of white sugar from India up to 500,000 metric tons till 30th of June this year through land and sea routes.

ECC also approved the registration of Pakistan’s “Pink Rock Salt” as Geographical Indications with Pakistan Mineral Development Corporation.

Registration of Pink Salt as a GI of Pakistan would promote and enhance national and international trade, stimulate global demand and attract premium price for Pakistan.