Railways’ financial health improving, says new GM

Published September 1, 2014
Punctuality of passenger trains had been improved from 10 to 55 per cent and fuel availability enhanced up to 15 days from zero level to streamline the service, he said. — File photo by AFP
Punctuality of passenger trains had been improved from 10 to 55 per cent and fuel availability enhanced up to 15 days from zero level to streamline the service, he said. — File photo by AFP

LAHORE: The financial position of Pakistan Railways has improved considerably as passenger and freight sectors have attracted commuters and traders because of measures taken by the PR’s administration, says Moham­mad Javed Anwar, the newly appointed General Manager (Operation).

Mr Anwar expressed these views after assuming the office of the general manager at the PR headquarters here on Sunday.

Citing examples like reduction of fares up to the level of what is charged by buses and availability of locomotives in the freight sector which made it possible to ply up to 16 cargo trains in a single day, he said all out efforts were being made to revive the department.

Punctuality of passenger trains had been improved from 10 to 55 per cent and fuel availability enhanced up to 15 days from zero level to streamline the service, he said.

Hundreds of acres of railway land had been retrieved, he added.

Mr Anwar said that since massive revenue could be generated through cargo trains, the department had decided to restore freight trains to the extent of two trains per day from Karachi port to upcountry. He was optimistic that the ratio could be increased to 8-10 trains by the end of the current financial year. The step will not only improve the financial position of the entity, but also become a source of prosperity for its employees.

Published in Dawn, September 1st, 2014

Opinion

Editorial

IMF’s unease
Updated 24 May, 2024

IMF’s unease

It is clear that the next phase of economic stabilisation will be very tough for most of the population.
Belated recognition
24 May, 2024

Belated recognition

WITH Wednesday’s announcement by three European states that they intend to recognise Palestine as a state later...
App for GBV survivors
24 May, 2024

App for GBV survivors

GENDER-based violence is caught between two worlds: one sees it as a crime, the other as ‘convention’. The ...
Energy inflation
Updated 23 May, 2024

Energy inflation

The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...