Details of deficit of Pakistan Railways in last 5 years

NationalDetails of deficit of Pakistan Railways in last 5 years

The following are the details of the deficit of Pakistan Railways for last five years from 2014-15 to 2018-19;

Details of deficit of Pakistan Railways in last 5 years
Note: The above data was shared with the Senate on January 10, 2020 by the Minister for Railways Sheikh Rasheed Ahmed.

Sheikh Rasheed Ahmed told that the deficit of Pakistan Railways shows a declining trend during the last three years. He told that the deficit was decreased to Rs 32,769 billion despite Pakistan Railways had to spend an additional amount of Rs 3.330 billion on account of increases in high speed fuel prices, pay, pension and depreciation of Pakistani rupee against US dollar.

In addition, he added that, Pakistan Railways has started 24 new trains with the same rolling stock and human resources which resulted in additional revenue of earning Rs 4.938 billion during financial year (2018-2019).

Furthermore, the introduction of Trains Tracking System and EFI locomotives has contributed in reducing the fuel consumption by 2.000 million liters.

There are 13,959 railway bridges in Pakistan

The minister also told that there are 13,959 railway bridges in the Country which include 1,431 in Peshawar Division, 1,468 in Rawalpindi Division, 2,174 in Lahore Division, 2,426 in Multan Division, 2,055 in Sukkur Division, 1,594 in Karachi Division, and 2,811 in Quetta Division.

Sheikh Rasheed told that 11 more railway bridges including 5 in Multan, 4 in Sukkur, and 2 in Lahore will be constructed while 36 bridges have been proposed to be repaired.

In addition, the minister told the Senate that at the moment, a total of 5 steam locomotives are present with Pakistan Railways which are offered to the Khyber Pakhtunkhwa government in a bid to promote tourism. Additionally, the Safari Train Service is available which operates between Attock-Kurd-Rawalpindi & Peshawar, he said.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Security Situation in Pakistan: Has the 26th Constitutional Amendment proved to be transgender?

0
Islamabad, Pakistan: The statement of Chinese Ambassador to Pakistan Jiang Zaidong regarding deadly terror attacks on Chinese citizens should be considered as an eye...
BRICS will not suddenly change the global order

BRICS will not suddenly change the global order

0
Monitoring Desk: “Any multinational alliance that does not have the patronage of the North Atlantic Treaty Organization or Five-Eyes is considered an ‘adversary’ by...

Award Winning Documentary “Hum Saya” Screened in Lahore

0
Lahore, Pakistan: The Centre for Social Justice (CSJ), in collaboration with Cosmopolitan Club Lahore, hosted a screening of the award-winning documentary film ‘Hum Saya—Neighbor',...

China at 75’ International Conference: Dar calls CPEC “China’s magnificent gift”

0
Islamabad, Pakistan: Pakistan-China Institute, chaired by Senator Mushahid Hussain Sayed, hosted an international conference "China at 75: A Journey of Progress, Transformation and Global...
4th edition of the CFO Conference Middle East 2024 in Dubai

4th edition of the CFO Conference Middle East 2024 held in Dubai

0
Dubai, UAE: The Institute of Chartered Accountants of Pakistan (ICAP), through its PAIB Committee, successfully hosted the highly anticipated 4th edition of the CFO...
Advertisement