SRS stands for Supplemental Restraint System, which is a vital safety feature within vehicles that includes the airbag system. When the SRS light illuminates on the dashboard of a Pajero Mini, it indicates there is a problem with the airbag system. This could be due to a fault in the airbag system components, such as a damaged sensor, a faulty airbag module, or a problem with the wiring connections. It is crucial to address this issue promptly, as it could affect the proper functionality of the airbags during a collision. It is recommended to have the vehicle inspected by a qualified mechanic to diagnose and repair the problem to ensure the safety features are in proper working order.