BR100 Increased By (0.3%)
BR30 Increased By (0.41%)
KSE100 Decreased By (-0.14%)
KSE30 Decreased By (-0.13%)
AGHA 7.47 Decreased By ▼ -0.09 (-1.19%)
BECO 5.17 Increased By ▲ 0.08 (1.57%)
BML 54.71 Decreased By ▼ -0.27 (-0.49%)
BOP 33.10 Increased By ▲ 0.12 (0.36%)
CNERGY 10.35 Increased By ▲ 0.25 (2.48%)
CSIL 5.13 No Change ▼ 0.00 (0%)
FCCL 52.25 Increased By ▲ 1.00 (1.95%)
FFL 16.50 Increased By ▲ 0.32 (1.98%)
FNEL 1.22 Increased By ▲ 0.03 (2.52%)
KEL 7.21 Increased By ▲ 0.15 (2.12%)
KOSM 5.86 Increased By ▲ 0.32 (5.78%)
LOTCHEM 27.17 Decreased By ▼ -1.95 (-6.7%)
MLCF 90.30 Increased By ▲ 1.48 (1.67%)
NBP 196.90 Decreased By ▼ -0.59 (-0.3%)
NCPL 55.70 Increased By ▲ 0.68 (1.24%)
NPL 65.49 Increased By ▲ 0.61 (0.94%)
OGDC 313.78 Increased By ▲ 1.83 (0.59%)
PACE 10.40 Increased By ▲ 0.19 (1.86%)
PAEL 41.25 Increased By ▲ 0.26 (0.63%)
PIBTL 16.06 Increased By ▲ 0.10 (0.63%)
PPL 213.83 Increased By ▲ 1.17 (0.55%)
PRL 54.15 Increased By ▲ 1.61 (3.06%)
PTC 69.99 Increased By ▲ 0.91 (1.32%)
SSGC 25.16 Increased By ▲ 0.06 (0.24%)
TBL 9.56 Decreased By ▼ -0.06 (-0.62%)
TELE 8.37 Increased By ▲ 0.05 (0.6%)
TPL 18.20 Increased By ▲ 0.45 (2.54%)
TPLP 13.10 Decreased By ▼ -0.12 (-0.91%)
TREET 21.41 Decreased By ▼ -0.33 (-1.52%)
TRG 59.98 Increased By ▲ 3.09 (5.43%)
Pakistan

Railways to generate Rs10bn revenue

LAHORE: Pakistan Railways (PR) Minister Sheikh Rashid Ahmed Saturday said that railways earned Rs 1.1 billion more r
Published Updated

LAHORE: Pakistan Railways (PR) Minister Sheikh Rashid Ahmed Saturday said that railways earned Rs 1.1 billion more revenue in the freight sector during last two months, compared with the same period of the previous year.

Addressing a press conference at PR Headquarters here, he said that the department would earn a revenue of Rs 10 billion due to untiring efforts of its officers and employees.

The minister said that President Dr Arif Alvi would inaugurate Dhabeji Express, running from Karachi to Dhabegi on October 31, whereas Prime Minister Imran Khan would inaugurate Hyderabad Express, running from Karachi to Hyderabad, soon after having a visit to China.

The PR would also start Rehman Baba and Sindh Express trains, he added.

He asked the administration of Karachi Stock Exchange (KSX) and others who were using the land owned by Pakistan Railways worth billion of rupees, to immediately vacate it.

Sheikh Rashid said that WiFi facility had been installed at all divisional stations, whereas cameras and PR police had also been deputed at warehouses in order to protect PR's stock and assets, he added.

He said that they wanted to launch the containers doorstep service within next three weeks to bring further improvement in freight sector, while in this regard task force for freight trains had been directed to achieve set targets, he added.

The minister said that tracking devices on modern system would be installed at all locomotives of railways to estimate the fuel consumption and its report would also be uploaded at internet for people, he added.

Sheikh Rashid said that Prime Minister Imran Khan's visit to China would be of great importance which would also be proved very fruitful for Pakistan Railways as China-Pakistan Economic Corridor (CPEC) was linked with the PR.

The country's economy could not flourish without Railway, he said and added that "when rail will run, economy will move ahead".

To a question, the minister said that the previous government spent Rs 400-500 million at Narowal station, the hometown of Pakistan Muslim League-Nawaz leader Ahsan Iqbal, contrary to the fact that the station was not giving any mentionable earning to the PR.

To another query, he said that six trains had been launched during last two months, whereas six more would be launched soon, he added.

PR Secretary and Chairman Javed Anwar and other senior officers were also present on the occasion.

 

Copyright APP (Associated Press of Pakistan), 2018

Comments

Comments are closed for this article.