ISLAMABAD, Apr 15 (APP): The induction of new locomotives, renovation and refurbishing of out of order engines and launching of cargo trains would revolutionize the Pakistan Railways.
Official sources in the Ministry of Railways told APP here Friday that the decades of mismanagement, bad governance, corruption and lack of commitment had ruined the Railways. The positive steps not only arrested the deterioration but helped improve the efficiency of the Railways as well as enhanced the image of the national institution.
The fiscal deficit of Pakistan Railways has decreased significantly in last two years. Fiscal deficit of PR was Rs 27.247 billion during 2014-15 as compared to Rs 32.527 billion during FY 2013-14.