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Pakistan Railways’ deficit up from Rs35bn to Rs46bn in 2020



Pakistan Railways' deficit up from Rs35bn to Rs46bn in 2020

The Pakistan Railways deficit elevated by Rs11 billion in 2020 — from Rs35 billion to Rs46 billion  —  Geo News reported Wednesday, citing  an annual report.

The report revealed that the Railways has fewer staff and extra ex-workers who at the moment are pensioners. According to the report, the staff have decreased to 67,627.

The Railways has to pay a whopping Rs31.42 billion to pensioners and has to allocate one other Rs28.21 billion for its staff.

The report confirmed that the variety of railway locomotives, passenger coaches, and freight coaches additionally decreased.

The variety of railway locomotives has gone down from 478 to 472, whereas the coaches have decreased from 1,460 to 1,378, the report acknowledged.

The freight autos have gone down from 16,159 to 14,327, the report added.

Meanwhile, on a optimistic be aware, the variety of railway stations and passengers elevated through the yr 2020, the report added.

In a gathering with Governor Sindh Imran Ismail in Islamabad at this time, Federal Minister for Railways Azam Khan Swati stated steps had been being taken for the revival of the railways.

On the event, steps to modernise Karachi Circular Railway had been reviewed, reported Radio Pakistan.

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