Railways deficit to be ended in 3 years: Sheikh Rashid

LAHORE, Oct 12 (APP):Railways Minister Sheikh Rashid Ahmad on Saturday said that railways' deficit would be ended completely within three years instead of supposed target of five years. Addressing to the media here at the railway headquarters, he said that Pakistan Railways earned more than Rs 10 billion last year which was a record in the world of railways. He said the PR had earned Rs 500,000 more than the …

LAHORE, Oct 12 (APP):Railways Minister Sheikh Rashid Ahmad on Saturday said that railways’ deficit would be ended completely within three years instead of supposed target of five years.

Addressing to the media here at the railway headquarters, he said that Pakistan Railways earned more than Rs 10 billion last year which was a record in the world of railways.

He said the PR had earned Rs 500,000 more than the previous years’ period of three months.

The minister expressed his joy over the successful agreement with China for the upgradation of Main Line-1 (ML-1) under the leadership of Prime Minister Imran Khan, adding that it was a dream which had become now a reality.

He disclosed that more than 100,000 vacancies would be generated through the ML-1 upgradation and the PR would recruit employees from the previous 1.2 million applications so no new advertisement would be published.

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