Times of Islamabad

Rs 2 billion subsidy on Metro Bus Projects: Punjab government takes important decision

Rs 2 billion subsidy on Metro Bus Projects: Punjab government takes important decision

LAHORE – Punjab Government has taken important decisions over the issue ofhuge subsidy provided to metro buses projects across the province.

Government has finally decided to ply the Metro Bus Projects, during thecurrent financial year till 30 June 2019, on the present pattern underwhich as usual Rs two billion annual subsidy will be given.

However the subsidy will be abolished from 1 July 2019.

During this period the three projects of Metro of Rawalpindi, Multan andLahore will be reviewed on which work is in progress.

The review will also mull over to increase the fare, to include the privatepartnership or the metro projects of three cities to be completely handedover to the private sector.

It is recalled that Metro Rawalpindi has only a fleet of 67 buses which wassupposed to be run daily by the company under the agreement.

However full strength of this fleet has never been brought on the road asof to date and presently 27 to 30 buses are plying on the road.