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Pakistan Railways to get 70 cargo locomotives, post Rs31b revenue

Pakistan Railways to get 70 cargo locomotives, post Rs31b revenue

LAHORE: The Pakistan Railways has decided to increase its revenue target from Rs 28 billion to above Rs 31 billion for the fiscal year 2014-15, while 70 locomotives for goods transportation will be added to freight until June 30, 2015.

This was said by Railways Minister Saad Rafique on Saturday during a press conference at the Railways Headquarters.

He said the department was allowed to make expenses up to Rs 65 billion but it would keep the expenses under Rs 62.5 billion.

Three years were required for revival of the Pakistan Railways while at least 10 years were required for turn it into a modern railway system in the region, he added.

He said employees of the department were facing challenges and they would continue their struggle until achieving the desired results.

The minister said the department had paid outstanding dues of over Rs 1 billion to its employees and wanted to clear the backlog.

He said a survey of all passenger trains was being carried out for bringing about an improvement in its composition after which the department could earn an income of Rs 800 million to Rs 1 billion.

The minister said the department had also planned to use its land for increasing its income.

The efficient operation of cargo express would not only benefit the railways but also provide employment opportunities to a large number of people, he added.

He said an agreement would be signed between PR and National Logistics Cell, under which 10 locomotives would be added to railways fleet, adding that 70 locomotives would be handed over to the freight until June 30, 2015.

Earlier, the minister in a meeting with young railway officers asked them to discharge their duties with honesty, commitment and dedication.

The minister said the railways interest should be top priority, adding that change comes through practice not slogans.

He said the department needed innovative ideas. “We have to develop a working culture in the department for its progress and prosperity,” he concluded.