Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Rental revenue of Railways increased three times: NA told

byCT Report
17/03/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Minister for Railways Khawaja Saad Rafique Friday informed the National Assembly that rental revenue of Pakistan Railways had been increased three times during the last three and half years.

Responding to a Point of Order in the House, the minister said that Pakistan Railways had not leased out not even a single marla land for 99 years during the last four years, rather lease period had been reduced drastically.

You might also like

McDonald’s Pakistan celebrates 28 years, recognises partners

30/09/2026

SECP proposes higher borrowing limits for microenterprises & housing loans

29/09/2026

Recalling the deficit of Pakistan Railways, the minister said the first deficit was faced by the department in 1974, but the present government had controlled the deficit after taking into power in 2013.Saad Rafique said that prime land of Pakistan Railways was looted in every tenure of the government but it was on its peak during the military regime.

He said that there was no Directorate of the Legal Affairs when the present government took the charge of the affairs of the department then a competent Director of legal affairs had been appointed.

The minister said that Pakistan Railways had launched a targeted operation against the land grabbers across the country and got vacated precious land of the department.

Saad Rafique said that Pakistan Railways had friendly policy regarding the Katachi Abadies but assured the House that influential land grabbers will not be spared at any cost.

Related Stories

McDonald’s Pakistan celebrates 28 years, recognises partners

byCT Report
30/09/2026

ISLAMABAD: McDonald’s Pakistan has marked 28 years of operations in the country by recognizing the local businesses and organizations that...

SECP proposes higher borrowing limits for microenterprises & housing loans

byCT Report
29/09/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed raising the maximum loan limit for microenterprise and housing...

Attock Refinery plans new 50,000 bpd deep-conversion refinery alongside $600m upgrade

byCT Report
28/09/2026

ISLAMABAD: Attock Refinery Limited (ATRL) is considering setting up a new 50,000 barrels-per-day (BPD) deep-conversion refinery alongside its planned $600...

SMEDA plans new e-commerce programme to empower Pakistani entrepreneurs

byCT Report
26/09/2026

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and Daraz Pakistan are exploring new avenues of collaboration to help...

Next Post

UK GAS-Prices firm slightly on lower Norwegian supplies, higher exports

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.