Share:After employers voiced their opposition against the Sindh government’s notification to fix the minimum wage at Rs25000, the Supreme Court (SC) temporarily suspended the notice until it can decide on what can be done next. This has opened up the debate about whether the average income in Pakistan covers the cost of living. Given that the minimum wage is supposed to reflect the cost of living, it is fixed after a set period of time after taking into account various factors that alter the economic environment of a country. In the face of such pressures, one can understand why the Sindh government was looking to increase the minimum wage to Rs25000 despite the fact that studies claim this estimate is well below the cost of living as well. Sustaining the average household, even if it keeps its consumption levels at the lowest possible rate, is expected to cost nearly Rs28000 in today’s economy, according to some studies.

Source: The Nation December 21, 2021 08:43 UTC