In an interview Chief Executive Officer Railways Nisar Ahmed Memon has said that in view of the rising prices of petroleum products every month, the financial burden is falling on the railways, in view of which it has been decided that the railway fares will also be increased. In the first phase, the fares of freight trains will be increased keeping in view the rail and road transport on different routes and in the second phase, the fares of “passenger” trains will also be increased.
He said that as Railways is a major buyer of Petroleum Company, PSO, a letter has been sent to the Railway Minister to provide cheap petrol of Rs. 6 per liter to PSO, which will save the department Rs. 78 crore per month. A series of ministerial-level talks has begun and will soon yield positive results.
Nisar Ahmad Memon said that while taking action in Peshawar division, the department has recovered Rs. 2 crore from the contractor through fraud and departmental action will be taken against the contractor including the officers and employees of the department involved.