Pakistan Railways (PR) has registered over a 10 per cent increase in its annual revenue during the first year of the Pakistan Tehreek-e-Insaf (PTI) government by generating record Rs54.60 billion.

According to the one-year performance report of the PTI released Monday, PR has generated the highest-ever revenue during the fiscal year 2018-19 against last financial year’s Rs49.5 billion.

The government claims that through special initiatives, PR has managed to generate additional revenue of Rs10 billion that helped reduce its annual deficit by Rs4 billion.

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The report further said that PR has added 24 new passenger trains — refurbished locally at PR installations in Lahore and Islamabad — besides increasing the number of rail passengers to 70 million (travelling by trains in a year) and retrieving 383 acres of encroached land worth Rs30 billion among other reforms.