BR100 Increased By (1.07%)
BR30 Increased By (1.67%)
KSE100 Increased By (0.64%)
KSE30 Increased By (0.71%)
BECO 6.04 Increased By ▲ 0.27 (4.68%)
BML 53.06 Increased By ▲ 0.06 (0.11%)
BOP 34.35 Increased By ▲ 0.36 (1.06%)
CNERGY 8.18 Increased By ▲ 0.07 (0.86%)
DCL 12.36 Increased By ▲ 0.16 (1.31%)
FCCL 53.90 Increased By ▲ 1.07 (2.03%)
FCSC 5.20 Increased By ▲ 0.13 (2.56%)
FFL 18.12 Increased By ▲ 0.17 (0.95%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.13 Increased By ▲ 0.11 (1.37%)
KOSM 5.37 Decreased By ▼ -0.15 (-2.72%)
MLCF 87.85 Increased By ▲ 1.34 (1.55%)
NBP 186.75 Increased By ▲ 1.59 (0.86%)
PACE 10.72 Increased By ▲ 0.14 (1.32%)
PAEL 40.02 Increased By ▲ 0.60 (1.52%)
PIAHCLA 26.20 Decreased By ▼ -0.02 (-0.08%)
PIBTL 17.34 Increased By ▲ 0.67 (4.02%)
PPL 232.30 Increased By ▲ 4.12 (1.81%)
PRL 35.05 Increased By ▲ 0.37 (1.07%)
PTC 67.25 Increased By ▲ 1.92 (2.94%)
SEARL 91.26 Increased By ▲ 1.13 (1.25%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.63 Increased By ▲ 0.35 (4.23%)
THCCL 59.40 Increased By ▲ 0.90 (1.54%)
TPLP 8.73 Increased By ▲ 0.51 (6.2%)
TREET 24.73 Increased By ▲ 0.20 (0.82%)
TRG 71.60 Increased By ▲ 1.89 (2.71%)
WAVES 10.00 Increased By ▲ 0.06 (0.6%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

KARACHI: President of SITE Association of Industry Ahmed Azeem Alvi has expressed concern over announcement made by the Chief Minister Sindh Syed Murad Ali Shah regarding enhancement of minimum wages for industrial workers from existing 37,000 to (proposed) 42,000 rupees.

He said that it is practically not possible to give such high wages to the workers at a time when industries are passing through difficult time and are at the verge of closure. The ever increasing cost of utilities has practically rendered most of the industrial units unviable to operate in the Sindh province.

Alvi mentioned that Sindh’s proposed minimum wage (if approved), will be the highest in the country as compared to other provinces and added that inflation is at 6% per annum while the wage increase proposed is 14% which has no justification at all.

Since allowances, SESSI contribution, EOBi contribution and other related levies are also calculated on minimum wage rate, it comes to almost double in the broader spectrum.

SITE Chief has suggested to review the minimum wage and fix it around 40,000/-.

He stressed the need to enforce the minimum wage in letter & spirit to pass on the benefit to industrial workers quoting that many employers are still not paying the existing minimum wage which shows failure of the government to implement its decisions.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.