ProPropertyNewsPakistan Railways Fails to Achieve Revenue Target for FY 21-22

Pakistan Railways Fails to Achieve Revenue Target for FY 21-22

MULTAN: The Multan division of Pakistan Railways (PR) produced revenue via its land installations of Rs. 1023.278 million, which was noticeably less than the aim set for the previous two years, 2021–2022.

The official figures on income creation for the aforementioned years show that while the national carriage service had set a total target of Rs. 1275.18, the actual amount of income was more than 2.5 million less.

The sources also informed that till the end of 2022, Rs. 32.45 million was collected from shops located on Railways land.

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In contrast, over the previous two years, the same type of income generation was estimated at Rs. 47.32 million.

The total revenue from other divisions, including tuck shops and various auctions, came to Rs. 301.257 million, containing Rs. 121.368 million in the 2020–21 fiscal year and Rs 179.889 million in the 2021–22 fiscal year.

The entire income for the previous year, 2022, was noticeably lower than for 2021.

Besides, local department officials were also concerned, since they had been anticipating higher income in 2022 than in previous years.

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