Railways earn over Rs 70 bln till May

0
214

ISLAMABAD: Pakistan Railways has achieved an unprecedented earning of over Rs. 70 billion till the month of May (FY 2023-24) despite facing a financial crisis due to floods in the monsoon season. “The department is expecting to generate revenues up to Rs. 80 billion by the end of this financial year through the consistent efforts and hard work of the Railway workers,” sources in the Ministry told media. The department has witnessed a historic ncrease in revenue in the current financial year as during the last financial year (2022-23), it earned around Rs. 40 billion. The sources said that out of Rs 70 billion, the revenue was derived from passenger and freight trains while other sectors of the department also contributed to the total revenue. At present, they said that Pakistan Railways is operating around 96 passenger trains, more than the previous year when 86 trains were running. Similarly, during the previous year, on average it operated 3.75 freight trains while the number reached seven freight trains this year. DNA