ISLAMABAD: Pakistan Railways has increased number of freight trains ex-port to up-country from one train per day in year 2011-12 to 10 trains in year 2014-15 which resulted in its financial health improvement.
The department is also focusing on freight sector and has inducted rehabilitated and new locomotives in freight pool, official sources said here on Tuesday.
The sources said the steps taken by present government are showing good results as fiscal deficit of Pakistan Railway for fiscal year 2014-2015 stands at Rs. 27.247 billion as compared to Rs. 32.527 billion during 2013-14.
A data regarding targets set and earnings achieved during last four years showed that during 2011-12 the target was Rs. 3,987.913 million but the department achieved earnings of Rs. 1,537.547 million while during year 2012-13 the target was Rs. 2,500 million and earnings achieved was Rs. 1,673.661 million.
Similarly, against the target of Rs. 2,000 million during year 2013-14 the Department achieved earnings of Rs. 3,508.411 million and during 2014-15 the target was Rs. 6,300 million and earnings of Rs. 8,346.22 million were achieved.
The sources while listing the other measures said punctuality of passenger trains has been improved tremendously as the punctuality in the year 2012 was 10 % which increased to 47 % in 2012-13, 52 % in 2013-14 and 65 % in 2014-15. Now the punctuality is72 %.
