Pakistan Railways earns over Rs40bn in H1 FY24: Senate informed

May 22, 2024 (MLN): Pakistan Railways has earned over Rs40 billion in the first half of the current fiscal year (H1 FY24), Minister for Law and Justice Azam Nazeer Tarar informed the Senate today.

Azam Nazeer Tarar told the House during Question Hour that the revenue of Pakistan Railways has increased to Rs63.25bn during the last fiscal year (FY23).

He said though Pakistan Railways has substantially increased its revenue, it is important to reduce its non-development expenditures. 

Moreover, Pakistan Railways is a national institution and emphasizes the need for bringing improvement in its tracks.

Responding to a supplementary question, the Minister for Law said there has been an incremental decrease in rail accidents over the last few years.

The Law Minister informed the House that several projects are in the pipeline to provide better transportation facilities in the federal capital.

He said apart from the Metro Bus service from Saddar to Pak Secretariat, the government had also initiated three public transport routes in the capital which have been in operation since 2022.

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