PM Nasir-ul-Mulk briefed on Pakistan Railways performance

News Image

By MG News | June 19, 2018 at 06:03 PM GMT+05:00

0:00

Prime Minister Justice (R) Nasir-ul-Mulk was briefed today about the performance of Pakistan Railways at Prime Minister’s Office. The briefing was attended by Minister for Railways Mrs. Roshan Khursheed Bharucha, Secretary to the Prime Minister Mr. Suhail Aamir, Secretary Railways Mr. Muhammad Javed Anwar and senior officers of Ministry of Railways.

The Prime Minister was briefed about organizational structure, rail network in the country, past performance and the future development strategy under National Vision 2025 in the Railways sector. The Prime Minister was also briefed, in detail, about the new business plan and various initiatives taken, both in freight as well as passenger transportation sector, for the revival of Railways and increasing its revenues.

The Prime Minister was informed that as a result of right mix in service the passenger share in Railways has increased from 13% in 2013 to 31% in 2017. Pakistan Railways recorded a revenue of Rs. 50 billion in 2017-18 as compared to revenue of Rs. 15.5 billion in 2011-12.

The Prime Minister was also briefed about the progress made in various rail network extension projects under the CPEC.  It was informed that Main Line-1 (ML-1) project from Karachi to Havelian was being upgraded as Early Harvest Project under the CPEC. It was informed that feasibility study for upgradation of ML-2 (Kotri-Attock) project has also been completed. Similarly, feasibility studies were in progress on extension of ML–2 (Gwadar – Basima – Jacobabad and Basima-Quetta) and extension of ML–3 (Quetta – Bostan – Zhob – DI Khan - Kotlajam) projects.

The Prime Minister was also apprised about the challenges faced by the organization including the issue of pension liabilities that contributed to 34% of the total expenditure of the organization.

The Prime Minister appreciated the performance of Pakistan Railways especially various initiatives taken under the strategic business plan. The Prime Minister observed that with coming of the CPEC project, there is a huge potential and scope for Pakistan Railways to further improve its performance and increase its share both in passenger as well as freight transportation sector by offer quality services to its customers. Observing that the organization was following right direction for its revival and sustainability, the Prime Minister directed that a comprehensive plan be worked out to overcome the existing challenges for the consideration of the incoming elected government.

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court


July 04, 2025 at 06:41 PM GMT+05:00

Govt domestic debt, liabilities nears Rs54tr in May



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg