Pakistan Railways (PR) has increased passenger train prices by 2% after an increase in diesel prices. The shipping sector has also seen adjustments, with carbon prices with 3% and fertilizer rates with 2%, confirmed officials, Express News reported.
The price of diesel increased by Rs 11.37 per Liters, introducing an extra daily cost of $ 3.99 million and a monthly burden of around RS 119.5 million on the state -owned operator.
Pakistan Railways spend about 350,000 liters of diesel a day.
Meanwhile, PR is preparing to relaunch the renovated Pak Business Express, a once-calculated public-private partnership (PPP) Teat Service that later collapsed due to operational and financial problems.
Read: Per gears up for New Business Express
The Prime Minister is expected to inaugurate the renewed train in the coming days and promised upgraded coaches, better seating, Wi-Fi and improved catering.
The train was launched in 2012 during a PPP between Pakistan Railways and Four Brothers Group and was intended to modernize the journey on the Lahore-Karachi route.
The private partner succeeded on board services, while PR delivered locomotives and sporade. However, the venture faced internal resistance from railway agencracy and financial management from the private company.
Payment standards led to legal disputes, and in 2015, per full control and ending the partnership.
