Tuesday, 27 January 2015

Former PPA Chairman hails Railways Minister

Former Chairman of Pakistan Poultry Association (PPA) Abdul Basit has hailed the efforts of Federal Minister for Railways Khawaja Saad Rafiq for rehabilitation of Pakistan Railways. In a statement issued here Monday, Abdul Basit said that in the recent past, Pakistan Railways was a sorry tale of mismanagement and was eating up billion of rupees annually from the national exchequer.

Pakistan Railways is one of the largest institutions of the country as it is the most important source of passengers and industrial goods movement across the country. It is estimated that annually 65 million or daily around 178,000 passengers travel while petroleum products, oil, wheat, coal, fertilisers, cement, sugar and thousands other items distributed through Pakistan Railways and despite all this, Pakistan Railways was facing the worst loss but now situation was quite different because of well planned policies of Federal Railway Minister Khawaja Saad Rafiq.

Both public and private sectors of Pakistan are on the same page that all the 22 Public Sector Enterprises (PSEs) that are eating up near 600 billion annually should be restructured so that this money which is going into the drain at the moment could be utilised for the betterment of the country.
Copyright Business Recorder, 2015

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