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Pakistan Railways losses have gone down by more than Rs3.5b

Sheikh Rasheed says ML-1 upgradation agreement to be signed October

SAMAA | - Posted: Sep 16, 2019 | Last Updated: 1 year ago
Posted: Sep 16, 2019 | Last Updated: 1 year ago
Pakistan Railways losses have gone down by more than Rs3.5b

Photo: Online

Pakistan Railways losses have decreased by Rs3.5 billion, Railways Minister Sheikh Rasheed said on Monday.

He was addressing a National Assembly session.

Around 3.7 million litres of oil have been saved by the Pakistan Railways in one year, he said, adding that new cargo trains have helped the Pakistan railways earn revenue.

In fiscal year 2017-18, the Pakistan Railways losses were more than Rs36 billion. In fiscal year 2018-19, the deficit decreased to Rs32.76 billion, the federal railways minister said.

Related: Trains leaving Karachi delayed by hours

He informed the National Assembly that upgradation work on Mainline-1 (ML-1) would start from Karachi and the agreement in this regard would be signed next month.

During the question hour, he said, “After 1861 not a single track of Pakistan Railways had been changed. It was the PTI government which decided to upgrade the track.”

He said that the network of Pakistan Railways will expand to provide better traveling facilities to commuters.

The federal minister said that out of 3,000 railway crossings, 1,200 crossings were manned while 1,800 crossing were unmanned.

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Sheikh Rasheed, Pakistan Railways, National Assembly

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