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Pakistan Railways deficit up from Rs35bn to Rs46bn in 2020
Pakistan
Passengers board a train at a station. AFP/File
The Pakistan Railways deficit increased by Rs11 billion in 2020 from Rs35 billion to Rs46 billion
Geo News reported Wednesday, citing an annual report.
The report revealed that the Railways has fewer employees and more ex-workers who are now pensioners. According to the report, the employees have reduced to 67,627.
The Railways has to pay a whopping Rs31.42 billion to pensioners and has to allocate another Rs28.21 billion for its employees.
The report showed that the number of railway locomotives, passenger coaches, and freight coaches also decreased.
The national exchequer will earn an estimated revenue of Rs. 400 billion from the phase-I of Ravi City comprising 5,000 acres, with construction expected
They kept us safe by risking their own lives
Karachi s Ladies Fund Women Awards honours 12 frontline workers for their service in Covid fight
Twelve women frontline workers were honoured for their indispensable role in the fight against the Covid-19 pandemic at the 12th Annual Ladies Fund Women Awards on Thursday.
The initiative, that aims to ensure financial security of women and promote and train entrepreneurs, held the awards ceremony in Karachi with Governor Sindh Imran Ismail as the guest of honour.
Tara Uzra Dawood, president of the Dawood Global Foundation, also spoke on the ocassion,“This year, it was the front-like workers to whom we as a nation owe so much.they helped keep us safe risking their own life.
Armed forces play commendable role in security, stability of country: Governor Sindh
Governor Sindh Imran Ismail hosted a dinner in honour of Chief of Naval Staff Admiral Muhammad Amjad Khan Niazi at Governor`s house in Karachi.
Notables of the city and people belonging to various segments of the society in large number attended the dinner.
In his address, Governor Sindh said armed forces have played commendable role in security and stability of the country.
He said Pakistan is capable to deal with all kind of challenges.
Chief of Naval staff Admiral Amjad Khan Niazi said each and every jawan of Pakistan Navy is ready to sacrifice his life for homeland.