Railway to be changed into profitable entity: Saad

LAHORE: Railways Minister Khawaja Saad Rafique on Sunday said all out efforts were being made to make Railways profit-oriented department and loss was being reduced every year.

“In 2013, losses were Rs32 billion which now has been reduced to Rs27 billion,” he said while addressing a seminar on Railways in Lahore.

The minister said Railways losses would be reduced to run the wheel and no stone would be left unturned to eliminate corruption.

He said that revenue of Rs140 million was received from advertisement on Railway stations and trains and timely pension payment has been ensured.