KARACHI: The Pakistan Railways, which was once in financial crisis, has become a profitable institution as it generated revenue of Rs 7,220 million against the target of Rs 4,554 million in the last fiscal year i.e. 2014-15.
At all, the Pakistan Railways was given an overall target of Rs 9,328 million for the FY 2014-15 however the institution surpassed the target and collected remarkable revenue of Rs 12, 450 million. Under the break up, the railways collected Rs 7,220 million against target of Rs 4,359 million while Rs 4,537 million collected under the passenger trains against target of Rs 4,359 million, sources told Customs Today.
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Since year 2010-11, sources added that some 30 freight trains used to be run from twin port city on monthly basis i.e. a single freight train per day. The number of train has jumped to 300 to 350 train per month which is a milestone, sources concluded.
