This was announced by Minister for Railways Khawaja Saad Rafique at a news conference in Islamabad on Friday afternoon.
He said there would be 25% concession in railway fares on first two days of Eid-ul Azha.
The Minister said thirty thousand additional seats have been made available on different trains and the system would be able to handle five hundred and fifty thousand passengers from 7th to 14th of Zilhaj.
The Minister categorically stated that Pakistan Railways would not be privatized and there is no such proposal under consideration of the Government.
Khawaja Saad Rafique said commercial management and passenger facilitation of three trains Fareed Express, Bolan Express and Khushal Khan Khattak Express would be handed over to the private sector.
He said these three trains were incurring huge losses and outsourcing of these operations would help check ticketless travelling and improve facilities for passengers.
He said three trains are being upgraded during current financial year. Upgraded Karakoram Express would be launched by 15th of next month. Karachi Express and Tezgam would also be upgraded.
The upgraded trains will have facilities like wifi, filtered water, and separate seats for ladies.
There would also be sound system for Azan.
The Minister said Karachi, Lahore and Peshawar Railway Stations would be modernized under China-Pakistan Economic Corridor and these would have world class facilities.
He said plans are underway for up gradation of six railway stations.
ISLAMABAD – Pakistani rupee remained stable against the US dollar as the market is looking for direction amid Pakistan’s ongoing negotiations with the International Monetary Fund (IMF).
Amid the economic uncertainty, the local currency remained unchanged against the greenback, moving up 0.01 percent during the opening hours of trading. Before noon, PKR was hovering at 285.40 in the interbank.
In contrast to the inter-bank, the dollar continued its upward trajectory in the open market and is reportedly available at Rs315, as the gap between the official rate and open market rate is Rs30 per dollar.
As the money market is waiting for a positive development from the economic front, International Monetary Fund (IMF) Mission Chief to Pakistan said they continued engagement with Islamabad focusing on the restoration of foreign exchange proper market functioning, with special on the upcoming budget.
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 232,700 on Tuesday.The price of 10 grams of 24k gold was recorded at Rs199,510.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 232,700||PKR 2,500|
|Karachi||PKR 232,700||PKR 2,500|
|Islamabad||PKR 232,700||PKR 2,500|
|Peshawar||PKR 232,700||PKR 2,500|
|Quetta||PKR 232,700||PKR 2,500|
|Sialkot||PKR 232,700||PKR 2,500|
|Attock||PKR 232,700||PKR 2,500|
|Gujranwala||PKR 232,700||PKR 2,500|
|Jehlum||PKR 232,700||PKR 2,500|
|Multan||PKR 232,700||PKR 2,500|
|Bahawalpur||PKR 232,700||PKR 2,500|
|Gujrat||PKR 232,700||PKR 2,500|
|Nawabshah||PKR 232,700||PKR 2,500|
|Chakwal||PKR 232,700||PKR 2,500|
|Hyderabad||PKR 232,700||PKR 2,500|
|Nowshehra||PKR 232,700||PKR 2,500|
|Sargodha||PKR 232,700||PKR 2,500|
|Faisalabad||PKR 232,700||PKR 2,500|
|Mirpur||PKR 232,700||PKR 2,500|
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