AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)
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 October 27, 2018

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.