Pakistan’s railway sector is not “on rails” and the sector seems to be wrapped around a single institution, Pakistan Railways (PR)—managed collectively by the Ministry of Railways (MoR) and PR. The crisis in PR started in the 1970s and continues to this date. The passenger traffic has reduced, freight traffic has truncated, revenues have scaled down while working expenses have soared. Most of the locomotives are found in warehouses in need of spare parts. There are many reasons behind the failure of the Railway sector in Pakistan such as Ineffective policy formation, Political Interference, the conceptual disconnection between MoR and PR, etc. there is missing participation of the private sector we should contracting rather than Public-Private Partnership in PR. Mostly, subsidies are consumed by pay, pension, fuel, etc. but it does not use for improvement in the sector. Well planned, safe, better maintained, and regionally connected transport infrastructure is the key to unlocking the economic growth potential of Pakistan.
Pakistan Institute of Development Economics
- Home
Our Portals
MenuMenuMenuMenuMenuMenuMenu - ResearchMenuMenuMenuMenuMenuMenuMenu
- Discourse
- The PDR
- Our Researchers
- Academics
- Degree Verification
- Thesis Portal
- Our Portals
Institutional Arrangements for Reforming and Developing the Railways Sector Part (6/8)
Webinar Brief : https://staging.letsworkitvip.com/research/how-railways-are-being-financed-in-the-21st-century/
Date : Monday, Aug 09, 2021 at 06:00 PM
Moderator: Nadeem ul Haque, VC, PIDE
Speaker :
Dr. Ishrat Hussain (Advisor to the Prime Minister)
Dr. Amer Zafar Durrani (President, Reenergia)
Mr. Aasim Siddiqui (Group Managing Director - Marine Group of Companies)
Recent Webinars
Look Again: The Power of Noticing What was Always There
October 7, 2024
The Rise and Fall of Free Markets
October 7, 2024
FESTSCHRIFT (Celebrating Five Years of Reason, Rigor & Research)
October 7, 2024
© 2024 Pakistan Institute of Development Economics