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'Indian IT firms to gain from greater opportunities in Europe': Nasscom: Indian IT companies and startups are set to benefit from greater market access ...
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A Viennese start-up shows how the USA is leaving the Europeans behind when it comes to AI
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Key FactsPIDE Advocates Rs45,000 Minimum Wage with Enforcement
Jul 15, 2024 · Reading time: ~45 sec.
Summary created with AI assistance · Source: thestar.com.my
  • PIDE recommends increasing the minimum wage to Rs45,000 to address inflation and economic pressures.

  • The policy calls for replacing symbolic wage announcements with a transparent, evidence-driven framework.

  • The proposal allows provinces to adjust minimum wages based on local economic conditions.

  • The reform seeks to balance worker protection, productivity, business sustainability, and macroeconomic stability.
  • Minimum wage policy cannot remain a ceremonial annual exercise disconnected from economic realities and labour welfare. Pakistan now requires a credible wage governance system that balances worker protection, productivity, business sustainability, and macroeconomic stability within a transparent institutional framework.
    — Dr. Nadeem Javaid, Vice Chancellor of PIDE, said.
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The downturn is unlikely to decimate Europe’s tech industry again: The whole ecosystem has changed
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The downturn is unlikely to decimate Europe’s tech industry again