Despite facing a financial crisis caused by floods during the monsoon season, Pakistan Railways has seen a significant boost in revenue. In the first eight months of the current financial year (2023-24), the department earned Rs 55 billion, compared to Rs 37 billion during the same period in the previous year (2022-23).
The revenue is derived from passenger and freight trains, and the department aims to generate up to Rs 80 billion by the year-end. Operational improvements include an increase in the number of passenger trains from 86 to 96, and a rise in average freight trains from 3.75 to seven.
The resolution of salary payment delays and strategic measures have contributed to improved safety, with only six minor accidents reported in the last three months. Despite inflationary pressures, Pakistan Railways has increased fares to enhance revenue in the coming months.
