Alvi stresses need for enhancing exports
Advises business community to strive for value addition
PBC said authorities should allow exporters to acquire tangible and intangible assets abroad for accelerating the growth of exports. PHOTO: REUTERS
KARACHI:
Pakistan must increase export of its indigenous resources and products and also strive for value addition, said President Dr Arif Alvi.
Speaking to the business community at the Employers’ Federation of Pakistan (EFP) on Monday, he pointed out that employers were responsible to ensure better working conditions and wellbeing of workers in line with the international occupational safety and health standards.
Workers should also be able to avail benefits under various worker welfare schemes, he said.
‘Expand social protection cover for workers’
Employers should provide complete social protection coverage for their employees to improve their enterprise s productivity, said Employers Federation of Pakistan (EFP) vice-president Zaki Ahmed Khan on Tuesday.
He expressed these views while addressed an awareness session focused on social security schemes in Sindh. The session was jointly organised by the EFP and the International Labour Organisation (ILO).
Khan pointed out that just 42 per cent of secured workers were covered under social security schemes and increasing the coverage of these schemes was the need of the hour, so that most number of employees could benefit from them.
KARACHI: The Employers’ Federation of Pakistan is holding its well sought and prestigious event “Employer of the Year Award 2019/20” for the eighth year on March 16, 2021, a.
Sindh Govt Suggests a 20% Increase in Minimum Wage
The Sindh Minimum Wages Board has proposed a 20 percent increase in the minimum wage. At a board meeting that presided over the minimum wage segment, the participants made the decision to increase the minimum wage, keeping in view the the struggles of the country’s cash-strapped economy.
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The participants considered numerous economic struggles currently on the rise in Pakistan. Their discussion revolved around aspects such as high inflation rate, price-hike in basic commodities, rise in pay of government employees in the budget for 2020-2021, and the capacity of employers to pay wages.