Govt likely to privatize Pakistan Railways

[SBD-3]

ISLAMABAD – Prime Minister Nawaz Sharif has approved in principle privatization of the Pakistan Railways – the country’s largest civilian organisation – a move which will trigger massive unemployment as about 70 percent of the organisation’s total strength of 93,000 employees will be shown the door.


The steps towards the privatization of the railways appears to be in line with the Word Bank and IMF demands, directing Pakistan for restructuring and revamping of the state’s organisations causing huge losses to the national kitty. Since long, Pakistan Railways has been annually causing billions of losses to national exchequer and has become a ‘white elephant’ due to its poor performance.


However, the primary beneficiaries of the privatisation plan will include some of the blue-eyed persons from the ruling party. The decision to privatize railways was taken at a high-level meeting which was chaired by Prime Minister Nawaz Sharif at his office on April 3, 2014, and notification in this regard was issued by a high ranking official of the PM’s office on April 15, 2014.
Govt likely to privatize Pakistan Railways

 

[dawn_news]

Good news....

 

[arushbhai]

This is what happens when the whole country including politicians and the general population start to abuse a system. Let this be a lesson. You abuse something, you lose it. If people had shown respect to our railway system in the past, we wouldnt be privatizing it at all.

 

[nana41]

This is what happens when the whole country including politicians and the general population start to abuse a system. Let this be a lesson. You abuse something, you lose it. If people had shown respect to our railway system in the past, we wouldnt be privatizing it at all.

Lahore omni bus service met the same failed end,no respect,It was like MAAL E MUFT DIL E BEREHAM.But then it was feudal run Phoney socialist party which was giving free rides to whoever says yes to Bhuttoism(whatever that might have meant).The latest news ,as of this morning, is that British Govt is going to re-nationalise the Railway because its becoming very expensive for the passengers .

 

[lightoftruth]

good in thoughts alone who will actively invest in a railway which is prone to regular attacks by terrorists.?

by privatising completely govt will loose a lot which will be gained by private players,ppl will loose jobs,tickets prices will go high.