AIRLINK 74.64 Decreased By ▼ -0.21 (-0.28%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 42.44 Increased By ▲ 2.44 (6.1%)
DGKC 87.02 Increased By ▲ 0.67 (0.78%)
FCCL 21.58 Increased By ▲ 0.22 (1.03%)
FFBL 33.54 Decreased By ▼ -0.31 (-0.92%)
FFL 9.66 Decreased By ▼ -0.06 (-0.62%)
GGL 10.43 Decreased By ▼ -0.02 (-0.19%)
HBL 114.29 Increased By ▲ 1.55 (1.37%)
HUBC 139.94 Increased By ▲ 2.50 (1.82%)
HUMNL 12.25 Increased By ▲ 0.83 (7.27%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.50 Decreased By ▼ -0.13 (-2.81%)
MLCF 38.09 Increased By ▲ 0.29 (0.77%)
OGDC 139.16 Decreased By ▼ -0.34 (-0.24%)
PAEL 25.87 Increased By ▲ 0.26 (1.02%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.80 No Change ▼ 0.00 (0%)
PPL 123.58 Increased By ▲ 1.38 (1.13%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.01 Decreased By ▼ -0.04 (-0.28%)
SEARL 58.53 Decreased By ▼ -0.45 (-0.76%)
SNGP 68.01 Decreased By ▼ -0.94 (-1.36%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.39 Increased By ▲ 0.01 (0.12%)
TPLP 11.05 Decreased By ▼ -0.01 (-0.09%)
TRG 63.21 Decreased By ▼ -0.98 (-1.53%)
UNITY 26.59 Increased By ▲ 0.04 (0.15%)
WTL 1.42 Decreased By ▼ -0.03 (-2.07%)
BR100 7,941 Increased By 103.5 (1.32%)
BR30 25,648 Increased By 196 (0.77%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)
Business & Finance

Exchequer losing billions, over non-installation of electric meters in Railway Colonies

  • The remarks were made after it has been revealed that billions of rupees have been embezzled from Pakistan Railways in the field of electricity, in a report, the Railway Minister Azam Swati presented to Prime Minister.
Published December 29, 2020

Prime Minister Imran Khan, taking notice of the non-availability of electricity meters in railway colonies, has ordered the emergency installation of 25,000 meters in four months, after revelations that billions of rupees have been embezzled from Pakistan Railways.

PM Imran Khan said that every penny of the national exchequer is the trust of the nation, which should be spent wisely, and those who harm the national exchequer do not deserve concessions.

The remarks were made after it has been revealed that billions of rupees have been embezzled from Pakistan Railways in the field of electricity, in a report, the Railway Minister Azam Swati presented to Prime Minister.

The report blames WAPDA and railway officials and reveals that Pakistan Railways is losing Rs 2.5 billion annually due to the non-availability of electricity in the colonies. The report said that Railway employees have been using electricity for a long time but have not paid the bill, the financial burden of which has been borne by the railways.

Prime Minister Imran Khan took notice of the lack of electricity meters in the railway colonies and has directed the immediate installation of 25,000 meters in railway residential colonies on an emergency basis.

Imran Khan has ordered that the process of installing electricity meters in the residential colonies of the railways be completed in four months period.

The Prime Minister set up a coordination committee to monitor the issue of electricity meters. Prime Minister has directed to start the installation of meters in railway colonies from today.

Comments

Comments are closed.