Railways suffer losses worth over Rs28bn in PTI’s first eight months

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In contradiction to Federal Minister for Railways Sheikh Rasheed’s claims, Pakistan Railways (PR) has suffered a loss of Rs28.62 billion within the first eight months of the Pakistan Tehreek-e-Insaf (PTI) government, it was revealed Friday.

Just last month, Rasheed had claimed that PR has generated a profit of Rs43 billion ever since he was handed the reins of the department.

However, according to a report submitted to the National Assembly Standing Committee on Railways, the department’s total expenditure stands at Rs72 billion, while six of the 10 new trains inaugurated by Rasheed are suffering losses.

The trains running to further ruin the crippling department include Dhabeji Express, Shah Latif Express, Mohenjodaro Express, Rohi Passenger Train, Thal-Mianwali Express, Faisalabad Non-Stop Train and Rawalpindi Express.

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