Latest news with #Employees'Old-AgeBenefitsInstitution
Business Recorder
02-05-2025
- Business
- Business Recorder
Sindh govt committed to welfare of labourers: Nasir
KARACHI: Sindh Minister for Energy and Planning, Syed Nasir Hussain Shah, has said that providing social protection, education, and healthcare facilities to workers is a top priority of the Sindh government. Under the leadership of Chairman Bilawal Bhutto Zardari, the provincial government is committed to the welfare of labourers. He expressed these views in his statement on the occasion of International Labour Day, May 1. Paying tribute to workers, Nasir Shah said that the labour class is the backbone of any country's economy. He stated that May 1 marks the day of great sacrifices made by workers. Since its inception, the Pakistan People's Party has stood shoulder to shoulder with the working class in their struggle. The provincial government has set the minimum wage for workers at Rs 37,000. The leader of the people, Shaheed Zulfikar Ali Bhutto, gave workers the right to form unions and established welfare institutions like EOBI (Employees' Old-Age Benefits Institution). Copyright Business Recorder, 2025
Arab News
01-05-2025
- Business
- Arab News
Pakistan reaffirms commitment to promote safe, dignified conditions for laborers on May Day
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday reaffirmed his government's commitment to ensure safe and dignified working conditions for laborers in Pakistan, as the world marks May Day to recognize the struggles of low-income workers. Labor Day, observed on May 1, is a global celebration of workers' rights and the labor movement. It honors the struggles and achievements of workers in securing fair wages, safe working conditions and dignity in the workplace. In many countries, including Pakistan, it serves as a reminder of the importance of social justice and the ongoing need to protect labor rights in the face of economic and social challenges. Labor laws are rarely implemented in Pakistan, where laborers often work in dangerous and exploitative conditions at construction sites, mines and factories. In most instances in Pakistan, especially in the informal jobs sector, laborers are hired below the minimum wage set by the government and not provided proper safety equipment. 'Today, as the nation observes Labor Day, Pakistan reaffirms its unwavering commitment to promoting safe, healthy and dignified conditions for its workers — the real driving force behind our nation's growth and resilience,' Sharif said in a message shared by his office. 'The protection of fundamental labor rights is enshrined in our Constitution and fully aligns with the International Labour Organization's core conventions.' Sharif noted Pakistan had undertaken legislative and administrative reforms in recent years to strengthen the protection of workers. He said the government took steps to broaden the coverage of the Employees' Old-Age Benefits Institution (EOBI) and the Workers Welfare Fund. Pakistan's labor class has suffered immensely as the South Asian country desperately tries to escape a prolonged economic crisis. Inflation reached a record high of 38 percent in 2023 as Islamabad scrapped fuel and food subsidies to comply with the International Monetary Fund's demands for a financial bailout package.
Business Recorder
01-05-2025
- Business
- Business Recorder
PM's message on Labour Day
ISLAMABAD: Today, as the nation observes Labour Day, Pakistan reaffirms its unwavering commitment to promoting safe, healthy, and dignified conditions for its workers — the real driving force behind our nation's growth and resilience. The protection of fundamental labour rights is enshrined in our Constitution and fully aligns with the International Labour Organization's (ILO) core conventions, to which Pakistan is a responsible signatory. In pursuit of these ideals, Pakistan has taken significant legislative and administrative reforms to further strengthen workers' protections. We have ratified key international labour conventions, including the 2014 Protocol to the Forced Labour Convention and the Maritime Labour Convention, while advancing new commitments on occupational safety and health. For the first time, every worker in Pakistan benefits from a National Occupational Safety and Health Profile, ensuring safer, healthier workplaces across the country. Our government has taken important steps to broaden the coverage and impact of institutions such as the Employees' Old-Age Benefits Institution (EOBI) and the Workers Welfare Fund (WWF), ensuring that the fruits of our labour protections are shared more equitably across all segments of the workforce. Through digitization and labour law reforms, we are building a future where every worker has access to dignity, safety, and opportunity. At the same time, skill development initiatives, particularly through the National Vocational and Technical Training Commission (NAVTTC) and the Technical Education and Vocational Training Authorities (TEVTAs), are being expanded, with a special focus on empowering youth and women with demand-driven vocational training. Copyright Business Recorder, 2025
