AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Pakistan

Railways earned Rs40bn in 2016-17

LAHORE: With continuous efforts and hardworking  of railways management, officers and workers, Pakistan Railways'  i
Published October 16, 2017

LAHORE: With continuous efforts and hardworking  of railways management, officers and workers, Pakistan Railways'  income increased to Rs 40 billion in 2016-17, (Rs 4.53 billion  more than the target), which was only Rs 18 billion in 2012-13.

It was revealed by Railways Minister Khawaja Saad Rafique, while issuing Pakistan Railways' four years performance during a press conference at Railways Headquarters on Monday.

General Manager Railways Javed Anwar Bobak and other officials  were also present on the occasion.

The minister said that up gradation of the department was focused during these four years and the number of freight trains  reached 3,318 from 182, while various agreements were also signed with various companies.

He said that in 2013, there were only eight locomotives, while now this number has increased to 102 and the total number of operational engines has reached 325 from 160.

"Railways witnessed a record increase of 20 million rail passengers and 755-kilometre track has also been renewed in these four years," he added.

Khawaja said that so many initiatives have been taken by the management to improve the situation including e-ticketing, duplicate ticket, modern computerized inter-locking system at 22 railway station, adding that 180 residential flats for class three and four employees have also been constructed in Lahore, Karachi and Narowal which would be completed in December 2017.

"The situation was the worst when we launched revival of the railways in 2013. Some people asked for privatisation and some suggested closing down the department, terming it fruitless. But now Pakistan Railways is being upgraded with its own income and its income is being increased more than 31 per cent per anum," he added.

The minister said that the past ministers did nothing for the department in 70 years history of Pakistan, which is regrettable. He said that no department could be developed without elimination of political interference. But now the issue has been resolved to a large extent and every recruitment was made purely on merit.

He said that Pakistan Railways has planned to install traffic signals and sirens at railway gates and with the help of Pakistan Army's sub department, a pilot project would be started soon.

"Pakistan Railways needs $30 billion in the next 10 years and if China-Pakistan Economic Corridor (CPEC), an economy booster, is implemented, it will set the department in the right direction," Kh Saad said.

Khawaja said that politics of allegations and lies should be ended in the country as various projects could not be launched due to sit-ins.

He said that 1055-acre land of Railways has been retrieved from the mafias adding that he would do anything to get vacated the remaining lands.

He said that a reformed service structure in the railways has been promised and a committee is working on it.

Copyright APP (Associated Press of Pakistan), 2017

Comments

Comments are closed.