AGL 5.60 Decreased By ▼ -0.18 (-3.11%)
ANL 8.90 Increased By ▲ 0.02 (0.23%)
AVN 76.85 Decreased By ▼ -2.07 (-2.62%)
BOP 5.26 Decreased By ▼ -0.02 (-0.38%)
CNERGY 4.63 Decreased By ▼ -0.07 (-1.49%)
EFERT 81.27 Decreased By ▼ -0.33 (-0.4%)
EPCL 50.08 Decreased By ▼ -0.83 (-1.63%)
FCCL 13.16 Decreased By ▼ -0.22 (-1.64%)
FFL 5.69 Decreased By ▼ -0.03 (-0.52%)
FLYNG 7.07 Decreased By ▼ -0.08 (-1.12%)
FNEL 4.79 Decreased By ▼ -0.03 (-0.62%)
GGGL 8.80 Decreased By ▼ -0.10 (-1.12%)
GGL 14.55 Decreased By ▼ -1.33 (-8.38%)
HUMNL 5.69 Decreased By ▼ -0.08 (-1.39%)
KEL 2.63 Decreased By ▼ -0.03 (-1.13%)
LOTCHEM 28.60 Decreased By ▼ -0.45 (-1.55%)
MLCF 24.49 Decreased By ▼ -0.61 (-2.43%)
OGDC 72.43 Decreased By ▼ -0.02 (-0.03%)
PAEL 15.36 Increased By ▲ 0.01 (0.07%)
PIBTL 5.00 Decreased By ▼ -0.05 (-0.99%)
PRL 16.10 Decreased By ▼ -0.19 (-1.17%)
SILK 1.08 Decreased By ▼ -0.01 (-0.92%)
TELE 9.14 Decreased By ▼ -0.23 (-2.45%)
TPL 7.23 Decreased By ▼ -0.10 (-1.36%)
TPLP 18.61 Decreased By ▼ -0.34 (-1.79%)
TREET 21.68 Decreased By ▼ -0.32 (-1.45%)
TRG 136.71 Decreased By ▼ -4.44 (-3.15%)
UNITY 16.88 Decreased By ▼ -0.14 (-0.82%)
WAVES 9.86 Decreased By ▼ -0.04 (-0.4%)
WTL 1.41 No Change ▼ 0.00 (0%)
BR100 4,225 Decreased By -29.6 (-0.7%)
BR30 15,518 Decreased By -214.7 (-1.36%)
KSE100 42,150 Decreased By -243.4 (-0.57%)
KSE30 15,588 Decreased By -75.7 (-0.48%)
Follow us

ISLAMABAD: Pakistan Railways had leased out as many as 4,694 acres of its precious land during the last four years to transform the department into profitable entity by generating more revenue.

The leased-out land was located in seven divisions including Lahore, Karachi, Peshawar, Quetta, Rawalpindi Multan and Sukkar, an official in the Ministry of Railways said.

He said the government was taking several steps to retrieve encroached land from the land grabbers, including carrying out a detailed survey to identify the encroached land occupied by the individuals and government departments.

He said Pakistan Railways had also decided to accelerate its ongoing anti-encroachment operation against land grabbers across the country to recoup its land from different individuals, groups and business organizations, which had been using it for residential, commercial and agriculture purposes for decades.

“The encroachment operation will be launched with the assistance of Railway Police and district administrations of the relevant provincial governments,” he added.

The official said that First Information Reports (FIRs) were being lodged and cases were registered and sent to PR judicial magistrates for expeditious trial.

The issue regarding illegal occupation and possession of Pakistan Railways’ land by government departments and institutions had also been taken up with the concerned departments, he added.

The official said Pakistan Railways owned 167,690 acres of land across the country, of which 90,326-acre was in Punjab, 39,428-acre in Sindh, 28,228-acre in Balochistan and 9,708-acre in Khyber Pakhtunkhwa.

To a question, he said, Pakistan Railways had started special master level classes in railway engineering department in collaboration with Pak-Austria Fachhochschule Institute of Applied Sciences (PAFIST) to enhance the capacity of its engineers and technical staff.

The special master level classes were being organized through the Pakistan Railways Training Academy Walton, Lahore. The special cell for foreign training had also been set up at the Ministry of Railways.

“A policy for transfer of technology and indigenization of railway rolling stock manufacture in Pakistan Railways facilities is being pursued in closer collaboration with the People‘s Republic of China,” he added.

Comments

Comments are closed.

Railways leases out 4,694 acres of land to generate revenue

IK says will dissolve assemblies ‘very soon’

Provinces’ power sector schemes: Rs8.11bn approved by ECC

Effective Nov 2022: Agri consumers of Discos, KE have to pay Rs23.30/unit

PTI Sindh MPAs hand in their resignation

Dues against consumer billing collection: KE seeks MoF’s help for release of over Rs4.5bn collected by Pakistan Post

COAS urged to disassociate himself from Bajwa’s ‘controversial’ actions

Public limited companies: Conditions for launching REITs schemes laid down

Income tax arrears: Nov collection up Rs2.33bn to Rs8.98bn YoY

Centcom chief, COAS discuss security cooperation

Asset-backed securitization rules: SPVs allowed to offer debt securities