Wednesday, August 24, 2011

Pakistan Railways budget deficit for 2011-12

The Pakistan Railways (PR) has become a white elephant for the nation. It has estimated a deficit of around Rs 53 billion for the fiscal year 2011-12 .

The hard earned money of the nation which it pays in taxes so that the govt should provide them some facilities and comforts in life is being wasted ruthlessly by the govt on white elephants like Railway, PIA, Pakistan steel and so many others. Alas these organizations could be run efficiently as we see them running in other countries , take India for example.


Chairman of National Assembly Standing Committee on Railways Sardar Ayyaz Sadiq told the  media  that the Railways had prepared a deficit budget for the fiscal year 2011-12. The deficit would be more than Rs 53 billion while earnings estimated at Rs 12 billion against an expenditure of Rs 65 billion.

3 comments:

  1. Hi,

    Thanks for sharing wonderful news with us. I'm sure many people come to like your blog and gain benefit from this information you have provided. I would love to apply these terms on refinancing. Hope to see more amazing blog on your site.

    Have a great day...!!!

    Same Day Loans No Credit Checks

    Same Day Cash Loans

    ReplyDelete
  2. Simply awesome Really interesting ,,brilliant post..thanks for sharing...!!!

    Hi,

    Very Very good and usable post. Thank's to share your experience with us. I will try to remember these tips in my blog commenting task.

    The blog was absolutely fantastic! Lots of great information and inspiration, both of which we all need!b Keep 'em coming... you all do such a great job at such Concepts... can't tell you how much I, for one appreciate all you do!

    Thanks

    £50 Payday Loans

    50 Payday Loan

    ReplyDelete
  3. The internet offers many sites for freelance writing. So many,
    that people even max their credits out falling for
    one after the other slickly canned fake online home biz opportunities.
    This module will teach you how to increase your chances for success by using "Niche Picking" formula.


    My webpage; ways to make money

    ReplyDelete