The Dollar Business Bureau In order to protect the interests of local pepper growers, the Government has cleared a proposal from the Spices Board to impose a minimum import price (MIP) of Rs.500 per kg on the spice. “The Ministry of Commerce and Industry has approved the proposal of the Spices Board for fixing the CIF value of Rs.500 per kg as MIP for pepper to protect the interests of pepper growers,” said an official statement. In recent times, decline in the domestic pepper price due to cheaper import of pepper from other origins has...