Industrialists, businessmen agree to increase minimum wage in meeting with PM Imran Khan



2022-02-03 00:20:00

Prime Minister Imran Khan in a meeting with a delegation of Industrialists and businessmen. — Screengrab/PMO
  • Delegation of outstanding industrialists, businessmen name PM Imran Khan in Islamabad.
  • Meeting attended by COAS Normal Qamar Javed Bajwa
  • COAS says armed forces will absolutely help implementation of presidency insurance policies for improvement of nation.

ISLAMABAD: Forward of Prime Minister Imran Khan’s four-day journey to China, outstanding industrialists and businessmen in a meeting with the premier “agreed” to increase the minimum month-to-month wage in the nation, introduced the premier’s workplace on Wednesday.

In accordance to the PMO, a delegation of outstanding industrialists and businessmen of the nation referred to as on him in Islamabad.

Throughout the meeting, PM Imran knowledgeable the delegation that the Pakistan Tehreek-e-Insaf (PTI) had included IT and textile export coverage in its manifesto and which was now beginning to pay dividends.

The premier assured the businessmen that the federal government was conscious that the burden of inflation in the world market was transferring on the folks.

Learn extra: Imran Khan to go to China tomorrow to attend Winter Olympics ceremony

“Steps are being taken to protect the common man from the effects of inflation. Industrialists and businessmen should work with the government to provide relief to the common man,” remarked PM Imran.

The premier stated that due to the business-friendly insurance policies of the federal government the highest 10 massive corporations of the nation made a revenue of Rs929 billion. He added that his authorities took historic steps to “promote investment and business” that no different authorities did earlier than.

“Textile sector exports reached a record high of 21 billion and are expected to reach 26 billion next year. Pakistan has become the fourth largest motorcycle manufacturer. Tractor exports have increased by 10% and 90% of the parts were manufactured in Pakistan,” stated PM Imran.

The premier assured the delegation that the federal government is pursuing a “long-term policy to promote industries and increase exports”.

“Because of business-friendly policies, the industry has made record profits and the fruits of which should go to the working class. I am thankful to those industrialists and businessmen who increased their employees’ salaries on my call,” stated the premier.

Learn extra: Industrialisation key to Pakistan’s prosperity, says PM Imran Khan

The PM shared that he wanted to seek the advice of with the enterprise group earlier than departing for China. He added that in his go to the federal government will discuss enhancing hyperlinks between Pakistani and Chinese language industrialists and organising joint ventures.

Within the meeting, PM Imran emphasised that there are “ample opportunities in IT, agriculture, livestock, machinery and textile sectors to increase exports”.

He added that alongside with IT and textiles, there must be a give attention to defence manufacturing and engineering

Chief of Military Employees (COAS) Normal Qamar Javed Bajwa, who was in attendance, instructed the businessmen that there are “vast opportunities in the defence manufacturing sector that can be exploited via public-private partnerships”.

“For the development of the country we will fully support the implementation of government policies,” remarked the military chief.

Learn extra: Inform folks there isn’t a inflation, says PM Imran Khan

In accordance to the PMO, the delegation backed the federal government’s business-friendly insurance policies and agreed to go on the advantages of accelerating income to their workers. The industrialists made options for growing exports, selling small and medium enterprises, bettering the tax system and likewise gave their enter of PM’s go to to China.

The industrialists and businessmen that attended the meeting included Saqib Sheerazi of Honda Atlas, Ali Asghar Jamali of Indus Motors, Ghiasuddin Khan of Engro, Sikander Mustafa of Millat Tractors), Hamid Zaman of Sefam, Shahid Abdullah of Sapphire, Khurram Mukhtar of Pakistan Textile Exporters Affiliation, Azam Farooq of Charat Cements, Khalil Sattar from Ok&Ns, Abul Raheem and Gohar Aijaz from APTMA.

Other than the COAS, federal ministers Shaukat Tarin, Asad Umar, Hammad Azhar, Khusro Bakhtiar, Fawad Chaudhry, advisor on Commerce Abdul Razzak Dawood, state minister Farrukh Habib, SAPM Shahbaz Gill and senior officers attended the meeting.  

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