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Railways lease out 1556 acres during last two years ISLAMABAD: Pakistan Railways has leased out 1556 acres land in Punjab, Sindh and Khyber Pakhtunkhwa through fair and transparent method during last two years to earn more revenue for the organization.Pakistan Railways has collected an amount of Rs. 366.58 million from the leases so far, an official in the Ministry of Railways told APP.He said the land was leased out though advertisement in the newspapers to ensure transparency and though auction process.Valuation of land by the Assessment Committee and Independent valuators, evaluation of bids and execution of agreements with the successful bidders, he added.The official said that total 1198 acres land leaded out in Punjab in which 1139 acres is agricultural land and 58 is commercial, in Khyber Pakhtunkhwa 74 acres land leased out in which 69 is agricultural land and 4 is commercial and in Sindh 276 acres is agricultural land and 6 acres is commercial land leased out.He ...

PR devises multi-pronged strategy for enhancing market share upto 20pc ISLAMABAD: The Ministry of Railways has devised a multi pronged development strategy for enhancing market share by improving business development, rolling stock availability, infrastructure development and ensuring good governance.The government has formulated vision 2025, targeting to enhance Railway's market share from 4 to 20 percent, an official in the Ministry told APP.He said the present government has taken macro and micro level steps to make the organization profit oriented.The reformatory steps included making Railway Board ...
Electricity shutdown notice FAISALABAD: The Faisalabad Electric Supply Company (Fesco) issued a shutdown notice for necessary repair, maintenance and expansion of electricity lines.According to the notice issued by the company, power supply from Sufi Di Kothi feeder emanating from 132-KV Lundianwala grid station, Jalal Street feeder originating from 132-KV University grid station, Arkana and Gogera feeders emanating from 132-KV Jaranwala grid station, MKB, Interloop-5, MSC, KTM, Phalahi Wala, New Interloop and Noor Fatima feeders originating from 132-KV Chak ...
IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Friday power suspension programme for various areas of its region due to routine maintenance and development work.According to an IESCO spokesman, the power supply of the feeders/grid stations would remain suspended as under:On March 21 at 9am to 13am From D.S. Bilawal Grid Station Dhurnakka feeder, Dhurnakka, Dhoke Ali Khan, Dhibba Karsal, Dk. Ayub Bojowalim Dk. Miani, Dk. Banaria,On March 22 at 07:00am to 08:30am From Rawal ...
HESCO disconnects power supply of defaulters BADIN: The Hyderabad Electric Supply Company (HESCO) here on Thursday disconnected power supply to various offices and residential areas for non payment of dues.According to details, the arrears of Rs 118.6 million were not paid by the defaulters.Copyright APP (Associated Press of Pakistan), 2015 ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln