Pakistan : Terrorist Wahabi Islamic Rep Pakistan 6

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[url="http://www.dailytimes.com.pk/default.asp?page=2010/07/29/story_29-7-2010_pg7_12"]Railways to close 120 more train services[/url]



LAHORE : The National Assembly’s Standing Committee on Railways has approved the closure of 120 train services in the next two years, as these particular train services are facing huge financial losses, a private TV channel reported on Wednesday. Chairman of the NA standing committee, Pakistan Muslim League-Nawaz (PML-N) MNA Ayaz Sadiq and Pakistan Railways (PR) General Manager Ashfaq Khattak, told the media, that the resources, which would be saved from the halted trains, would be used on the cargo trains, which delivered oil to independent power producers (IPP). “40 trains are making profits of Rs 9 billion [color="#FF0000"]whereas more than 100 trains would be closed because of annual loss of Rs 10 billion,”[/color] they said. Sadiq urged the federal government to waive the debts of PR as it was facing debts of Rs 50 billion. Khattak said that PR had been operating 26 cargo trains, which could earn a profit of Rs 17 billion [color="#FF0000"]but due to shortage of engines it was not possible to do so,[/color] the TV channel reported. daily times monitor



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