Pakistan Railways losing Rs 3m every hour: BilourStaff Report: Daily Times

LAHORE: The Pakistan Railways is incurring losses of almost Rs 3 million per hour, Railways Minister Ghulam Ahmad Bilour said on Monday.

Talking to journalists at the Railways Headquarters, he said that eight or nine freight rails were currently operating from Karachi. “It is because the department lacks locomotives...otherwise nearly 30 freight rails would be operating,” he said. He said that everyone compares the Pakistan Railways with the Indian railways system, but few mention the comparative budgetary spending on the railways in both countries. He said that a requisition of Rs 28 billion was sent to the government, but it released only Rs 14 billion, and that too in two instalments. “On the other hand, the budget of the Indian Railways is Rs 282 billion,” he said.

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