BR100 Increased By (2.94%)
BR30 Increased By (3.47%)
KSE100 Increased By (2.69%)
KSE30 Increased By (2.84%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)

ISLAMABAD: Prime Minister Justice (R) Nasir-ul-Mulk was briefed on Tuesday about the performance of Pakistan Railways at the Prime Minister Office.

The briefing was attended by Minister for Railways Mrs. Roshan Khursheed Bharucha, Secretary to the Prime Minister Suhail Aamir, Secretary Railways Muhammad Javed Anwar and senior officers of Ministry of Railways.

The caretaker prime minister was briefed about organizational structure, rail network in the country, past performance and the future development strategy under National Vision 2025 in the railways sector.

The prime minister was also briefed, in detail, about the new business plan and various initiatives taken, both in freight as well as passenger transportation sector, for the revival of railways and increasing its revenues.

The prime minister was informed that as a result of right mix in service the passenger share in railways has increased from 13% in 2013 to 31% in 2017. Pakistan Railways recorded a revenue of Rs 50 billion in 2017-18 as compared to revenue of Rs 15.5 billion in 2011-12.

The prime minister was also briefed about the progress made in various rail network extension projects under the CPEC. It was informed that Main Line-1 (ML-1) project from Karachi to Havelian was being upgraded as Early Harvest Project under the CPEC.

It was informed that feasibility study for upgradation of ML-2 (Kotri-Attock) project had also been completed. Similarly, feasibility studies were in progress on extension of ML–2 (Gwadar – Basima – Jacobabad and Basima-Quetta) and extension of ML–3 (Quetta – Bostan – Zhob – D I Khan - Kotlajam) projects.

The prime minister was also apprised about the challenges faced by the organization including the issue of pension liabilities that contributed to 34% of the total expenditure of the organization.

The prime minister appreciated the performance of Pakistan Railways,especially various initiatives taken under the strategic business plan. The prime minister observed that with coming of the CPEC project, there was a huge potential and scope for Pakistan Railways to further improve its performance and increase its share both in passenger as well as freight transportation sector by offering quality services to its customers.

Observing that the organization was following right direction for its revival and sustainability, the prime minister directed that a comprehensive plan be worked out to overcome the existing challenges for the consideration of the incoming elected government.

Copyright APP (Associated Press of Pakistan), 2018

Comments

Comments are closed for this article.