LAHORE: Railways Minister Khawaja Saad Rafique on Saturday said deficit of railways was gradually decreasing.
He was talking to media after signing ceremony of an agreement between Pakistan Railways and a private company Pakistan Railway Advisory & Consultancy Services (PRACS) in Lahore for branding of trains and railway stations.
The minister said better performance was increasing income of the organization.
He said funds had been allocated for upgradation of railway stations and staff quarters.
To a question, Saad Rafique said the share of Pakistan Railways in China-Pakistan Economic Corridor is 3.7 billion dollars.
He said Mainline-1 railway track between Karachi-Lahore-Peshawar carries the status of backbone in railway system for linking three provinces of the country, and funds under CPEC will be spent on it.
He said the Peshawar-Lahore railway track will be doubled on priority basis.
He said Mainline-2 will establish a link between Peshawar, Zhob, and Quetta.