Pakistan Railways has leased out 1,556 acre of land in Punjab, Sindh and Khyber Pakhtunkhwa, through fair and transparent methods during the last two years, to earn more revenue.
Pakistan Railways has collected an amount of Rs. 366.58 million from the leases so far, an official in the Ministry of Railways said. The land was leased out though advertisements in the newspapers to ensure transparency and through the auction process, he said. Valuation of land was being done by the Assessment Committee and Independent valuators, evaluation of bids and execution of agreements with the successful bidders, he informed.
The official said that a total 1198 acres land leased out in Punjab, in which 1139 acres was agricultural land and 58 acres was commercial. In Khyber Pakhtunkhwa 74, acres land was leased out in which 69 acres was agricultural land and four acres was commercial. In Sindh 276 acres was agricultural land and six acres was commercial. He said that Pakistan Railways also retrieved 57.60 canals commercial and residential land in Karachi from illegal occupants during the last year.
we have to make it so modern by which we can easily get good transportation and we have also take care of safety for the passengers….
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