In the first half of the financial year 2023-24, Pakistan Railways achieved a remarkable milestone by significantly increasing its revenue to Rs 41 billion.
This represents a historic surge compared to the earnings of Rs 28 billion during the corresponding period in the previous year.
Aamir Baloch, the CEO of Pakistan Railways, highlighted several positive developments. Notably, improvements have been implemented in the timely disbursement of salaries to railway employees, minimizing delays and ensuring a smoother process.
Additionally, he expressed ambitious plans for the upcoming year, aiming to enhance services and expand travel facilities for passengers.
The CEO also pointed out that further improvements are anticipated with the initiation of the ML1 project. This project is expected to bring additional advancements to Pakistan Railways, contributing to its overall efficiency and effectiveness.
Furthermore, in a move to generate more revenue, Pakistan Railways increased the Right of Way (ROW) charges for a single-track crossing to Rs. 3.8 million for a period of five years. This decision, implemented in December of the previous year, reflects the organization’s strategic approach to financial sustainability and growth.
