Thesis on Pakistan Railways
EXECUTIVE SUMMARY
The current study remains limited in its scope as it looks at the problems faced by Pakistan Railways and there solutions not at the organization as a whole. The research is mainly made by collecting data from Peshawar & Nowshera railway stations and conclusions are drawn on the basis of that data. To undertake the task we went through the existing literature on Pakistan Railways and reviewed the current state of affairs through available data. Pakistan Railways have been running losses since mid-seventies. This persistent failure owes to absence of a clear direction for the organization, a pessimistic organizational ethos resulting from years of decline and political interference in decision making to the detriment of commercial feasibility. Organizational roles and responsibilities remain diffused which create issues for accountability. A number of decisions have been centralized in the Board or the Executive Committee of the Board that absolves officers at the operational level of any accountability. Financially, Pakistan Railways have alarming figures and over the years it has become chronically dependent on overdraft from the State Bank of Pakistan. The fiscal space for operations and maintenance has been constricted; declining from 70% in 1971-72 to only 12% by 2010-12. For all these problems we have given our best conclusions, opinions and suggestions that will be very helpful in improving the efficiency of Pakistan railway.
CHAPTER 1
INTRODUCTION TO PAKISTAN RAILWAY
INTRODUCTION.
Pakistan Railways (reporting mark PR) is a national state-owned rail transport service of Pakistan, head-quartered in Lahore. It is administered by the federal government under the Ministry of Railways. PR provides an important mode of transportation throughout Pakistan.
Railways at a Glance Assets | | * Track --------------------- | 7,791 route km | * Stations------------------- | 559 | * Bridges ------------------- |
The current study remains limited in its scope as it looks at the problems faced by Pakistan Railways and there solutions not at the organization as a whole. The research is mainly made by collecting data from Peshawar & Nowshera railway stations and conclusions are drawn on the basis of that data. To undertake the task we went through the existing literature on Pakistan Railways and reviewed the current state of affairs through available data. Pakistan Railways have been running losses since mid-seventies. This persistent failure owes to absence of a clear direction for the organization, a pessimistic organizational ethos resulting from years of decline and political interference in decision making to the detriment of commercial feasibility. Organizational roles and responsibilities remain diffused which create issues for accountability. A number of decisions have been centralized in the Board or the Executive Committee of the Board that absolves officers at the operational level of any accountability. Financially, Pakistan Railways have alarming figures and over the years it has become chronically dependent on overdraft from the State Bank of Pakistan. The fiscal space for operations and maintenance has been constricted; declining from 70% in 1971-72 to only 12% by 2010-12. For all these problems we have given our best conclusions, opinions and suggestions that will be very helpful in improving the efficiency of Pakistan railway.
CHAPTER 1
INTRODUCTION TO PAKISTAN RAILWAY
INTRODUCTION.
Pakistan Railways (reporting mark PR) is a national state-owned rail transport service of Pakistan, head-quartered in Lahore. It is administered by the federal government under the Ministry of Railways. PR provides an important mode of transportation throughout Pakistan.
Railways at a Glance Assets | | * Track --------------------- | 7,791 route km | * Stations------------------- | 559 | * Bridges ------------------- |
References: * Daily Times website, Tuesday September 16, 2008 * ‘National Transport Policy’, The Chartered Institute of Logistics and Transport Pakistan (CILT), October 2008 * ‘Lending for Railways; Pakistan’, The World Bank website, 2001 * ‘Year Book 2006-2007’, Ministry of Railways- Government of Pakistan * Economic survey of Pakistan 2008-09 * The Chronology of Pakistan Railways By Owais Mughalowaism1971@yahoo.com(Last Updated: March 03, 2007)12.Pictures ' page at PRACS web site:http://www.pracsltd.com.pk