E N Railway

Railways deficit reaches Rs 32b

Taking to reporters at Railways Inspector General Office here, he said there was also a need for bringing improvement in rail management. To a question that when the railway would come out from the crisis, he avoided to give any time frame in this regard. Only freight service could bring out the rail from the deficit and there were also many other rooms for improvement, he said. He said that the PR had been facing severe shortages of locomotive since last two years and the things were worsening day by day. Pakistan Railways should work both as a public utility and commercial organisation, he suggested. Mr Javid was of the view that the PR must improve itself with the passage of time. He said that no organisation could become profitable by selling its assets. When asked about the day by day increasing trends of closing trains operation at various routes by the railway authorities, he said that the profitable trains should not be closed. “Only 25 days earlier I took the charge, I need some time to understand the things,” he said. He said he was recently informed about the closure of about Rs 220 million annually profit making Shalimar Train. These acts were above my understating and the inquiry in this regard was underway, he said. Javid Iqbal said that bypassing of senior officers by juniors and the management related other issues are needed to be addressed.

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