Dear Bubber Shair who should we blame for this price hike?
https://urdu.siasat.pk/news/2021-02-21/news-81597
https://urdu.siasat.pk/news/2021-02-21/news-81597
بھارت میں پٹرول کی قیمت پاکستانی کرنسی میں 222 روپے فی لیٹر؟
- Thread starter Okara
- Start date
Kam
Minister (2k+ posts)
Even then our traders say that there is no good business environment in Pakistan.
Our labor is cheap.
Our energy is cheap.
Our electricity is cheap.
No taxes for exports.
Zero duty on imports for exports.
Our thing is cheaper in Pakistan. But businessman and traders want more and more subsidies.
shafali
Chief Minister (5k+ posts)
Given patwari thought process, Imran is to blame for all world problems, including the pandemic as well as world oil prices ?
IMIKasbati
Minister (2k+ posts)
Of course IK.
Kam
Minister (2k+ posts)
This analysis i did as per last week.
Bangladesh:
Minimum Wage in BD = 8000 Takka = 14937 Rs/PK
Petrol Price in BD = 89 Takka = 166 Rs/Pk
Electricity Price in BD for Industries = 7.25 Takka = 13.59 Rs/Pk
India:
Minimum Wage in India = 8637 Rs/india = 14937 Rs/PK (Minimum in indian state of gujrat)
Petrol Price in India = 87.93 Rs/india = 192.35 Rs/Pk
Electricity Price in India for Industries = 4.35 Rs/india = 9.52 Rs/Pk (minimum in idian gujrat state whereas others average is 5.75 indian rupees)
Pakistan
Minimum Wage = 17500 Rs/PK
Petrol Price = 111.90 Rs/Pk
Electricity Price = 15.28 Rs/Pk (Maximum Price)
Last edited:
Kam
Minister (2k+ posts)
Other problem is that no one knows whats is being imported.
A portal shall be there to know which items are being imported. So people should know if they can invest in it for local production. Also they will know the clients whom to approach.
I was discussing with few friends who want to invest in some small industry but problem is the marketing and clients.
Last edited:
Bahi jan, Indians ki minimum salary bhi tou check karayn, workers ki.... Unki minimum salary bhi Pakistan k muqablay mayn times hay... uss hisab say petrol wahan Pakistan say bohat sasta hay... isko reverse mayn calculate karayn, which will be then 180 / 3 , comes around 60 Pak rupees per liter in India...
yeah aisay hi hay jesay hum kahayn k Europe mayn tou petrol Pak rupees mayn around 320 per liter hay, tou Pakistan mayn kiyon rotay hayn.... islaye k Europe (e.g. Germany) mayn per hour wage for a low level worker is around 2000 Pak rupees, yano 8 hours ki salary taqreeban 16000, 17000 Pak rupees....
Kam
Minister (2k+ posts)
Indian and Pakistani basic income is same same.
Kam
Minister (2k+ posts)
Sorry corrected.
8637 indian rupees.
Gujarat Minimum Wages October 2020 | Latest Minimum Wages in Gujarat | Current Minimum Wages in Gujarat (simpliance.in)
Yes you are right that its not enough. But we need to find ways to increase it.
Hussain1967
Chief Minister (5k+ posts)
I remember during PPP tenure, when petroleum prices increased, the then information minister said that our petrol prices were still lower than that of USA. And the host of that program didn’t counter her on her ‘forgetting’ the basic fact that wages in USA were way way higher than those in Pakistan. (I was in USA those days for higher studies and would watch Pakistani talk shows frequently).
As far as minimum wage in Pakistan is concerned, it is around 17K or 18K these days as per government documents. But, there are huge numbers of private workers who are paid around 10K-12K per month. It is the failure of Government’s Labour department that it is unable to enforce the announced minimum wages. I am talking about labour departments of all governments including the present government.
As far as minimum wage in Pakistan is concerned, it is around 17K or 18K these days as per government documents. But, there are huge numbers of private workers who are paid around 10K-12K per month. It is the failure of Government’s Labour department that it is unable to enforce the announced minimum wages. I am talking about labour departments of all governments including the present government.
I do not want to make it very mathematical, but just for a small correction I mention here that the analysis is still wrong mathematically. Why 8637 is converted to 14937 but the petrol price seems like more than double the conversion. 87 something is converted to 192 something....
Yes we need to make policies independent of establishment, both national and international.... we need police and legal reforms, land reforms, we need education reforms, elections reforms and most of all we need a new constitution which ensures the civilian rule, giving police more powers than the army... only way to go forward, otherwise doomsday is very near...
Kam
Minister (2k+ posts)
Check for last week prices and take minimum price of any state.
here you can check the minimum wages of an unskilled worker in Delhi (taken as an example)
Minimum Wage Check
Minimum wages across different states of india in paycheck india. Fixation of minimum wages, minimum wage act, enforcement of minimum wages. Minimum wages in andaman, nicobar, arunachal, assam, bihar, chandigarh, chhattisgarh, dadra, nagar, haveli, daman, diu, delhi, goa, gujarat, haryana...
paycheck.in
it says 15, 310 indian Rupees, google says today's conversion rate is 2,2 Pak Rs for 1 Indian Rupee... so minimum wage of an unskilled worker in Delhi is around 33-34 thousand Pak rupees per month. Now coming to oil prices, it is 90 Rs per litre in Delhi (again google), which makes it around 200 Pak Rupees. An average, unskilled Pakistani worker earns around 10000 to 12000 Pakistani rupees. Which makes it around one third of the Indian worker minimum salary. So conversely, we can say that as per salaries, the petrol prices in Pakistan should be around 200 / 3 = 67 Pak Rupees, if we want to compare the petrol prices with India. But again through google, the prices in Pakistan are around 112 Pak Rupees, double than Indian oil price.
Okara
Prime Minister (20k+ posts)
I wasn't sure that Indian are spending all earnings to buy petrol. BTW is Indian Govt providing special petrol as crude prices are same for everyone?
Prices in India are like 67 Pak rupees....
Okara
Prime Minister (20k+ posts)
Please check this link of Indian Government https://clc.gov.in/clc/node/666 the Maximum Unskilled daily wages of an Indian is INR74 which is Rs162 in Pak Rupees.
In Pakistan the minimum is Rs12000 per month which is 12000/26=Rs 461.5 Per Day. Source is https://www.thenews.com.pk/print/734687-minimum-wage
