Pakistan Railways revenue surge to Rs 54 billion under PTI government

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Pakistan Railways revenue surge to Rs 54 billion under PTI government

ISLAMABAD - The National Assembly was informed today that an agreement for the up-gradation of ML-1 from Karachi to Peshawar will be signed next month.

Minister for Railways Sheikh Rashid told the House during question hour that the up-gradation of the rail track will be started from Sindh province. He said it is the first government which started four trains in Sindh.

Parliamentary Secretary for Railways Farrukh Habib told the House that the revenue of Pakistan Railways has enhanced to 54.50 billion rupees under the present government.

He said that the deficit of Pakistan Railways has decreased to 32.76 billion rupees from 36.62 billion rupees last year.

The Parliamentary Secretary said Pakistan Railways started twenty-four new passenger trains and the freight trains increased to twelve over the last one year.

He said that six million rupees have been provided to Carriage Factory to repair the old coaches. He said that introduction of EFI locomotives and trains tracking system has contributed in reducing the fuel consumption of the Railways.

Farrukh Habib said that the government has plans to upgrade the factories and workshops of Pakistan Railways. He said facilities are also been upgraded at the Railways stations.

Parliamentary Secretary for Water Resources Saleh Muhammad told the house that Mohmand Dam hydropower project will be completed by 2024. He said this project will help generate eight hundred megawatts of electricity.