Govt allocates Rs 16 billion for Railways Division

Govt allocates Rs 16 billion for Railways Division
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ISLAMABAD, Jun 11 (APP):The federal government has allocated Rs 16,000 million for ongoing and new schemes of Railways Division for the financial years 2019-20 under the Public Sector Development Programme (PSDP).

The budgetary allocation included Rs 11368.425 million for 23 ongoing projects and Rs 4631.585 million for five new schemes, according to budgetary document issued here on Tuesday.

Regarding the ongoing schemes, an amount of Rs 2439.678 million has earmarked for procurement and manufacturing of 820 High Capacity Bogie Freight Wagons and 230 Passenger Coaches.

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