During the initial half of the financial year 2023-24, Pakistan Railways accomplished a noteworthy feat by substantially augmenting its revenue, reaching Rs 41 billion. This marked a historic upswing compared to the earnings of Rs 28 billion in the corresponding period of the previous year
Aamir Baloch, the CEO of Pakistan Railways, emphasized several positive developments, particularly enhancements in the prompt disbursement of salaries to railway employees, curbing delays, and streamlining the process.
Looking ahead, Baloch articulated ambitious plans for the upcoming year, aiming to elevate services and broaden travel facilities for passengers. The CEO also underscored the prospective improvements accompanying the initiation of the ML1 project, anticipating it to bring significant advancements to Pakistan Railways, thereby enhancing overall efficiency.
In a strategic move to boost revenue, Pakistan Railways raised the Right of Way (ROW) charges for a single-track crossing to Rs. 3.8 million for a five-year period. This decision, implemented in December of the preceding year, underscores the organization’s commitment to financial sustainability and growth. The combination of increased revenue, streamlined processes, and future-focused initiatives positions Pakistan Railways on a trajectory of progress and improved service delivery.
