AGL40.03▲ 0.03 (0.00%)AIRLINK127.7▲ 0.66 (0.01%)BOP6.61▼ -0.06 (-0.01%)CNERGY4.6▲ 0.09 (0.02%)DCL8.79▲ 0.24 (0.03%)DFML41.58▲ 0.14 (0.00%)DGKC85.79▼ -1.06 (-0.01%)FCCL32.49▲ 0.21 (0.01%)FFBL64.03▼ -0.77 (-0.01%)FFL10.55▲ 0.3 (0.03%)HUBC110.77▲ 1.2 (0.01%)HUMNL15.07▲ 0.39 (0.03%)KEL4.88▼ -0.17 (-0.03%)KOSM7.45▼ -0.01 (0.00%)MLCF40.52▼ -0.86 (-0.02%)NBP61.05▲ 0.64 (0.01%)OGDC194.87▲ 4.77 (0.03%)PAEL27.51▼ -0.32 (-0.01%)PIBTL7.81▼ -0.02 (0.00%)PPL152.53▲ 2.47 (0.02%)PRL26.58▼ -0.3 (-0.01%)PTC16.26▲ 0.19 (0.01%)SEARL84.14▼ -1.86 (-0.02%)TELE7.96▲ 0.25 (0.03%)TOMCL36.6▲ 1.19 (0.03%)TPLP8.66▲ 0.54 (0.07%)TREET17.66▲ 1.25 (0.08%)TRG58.62▲ 5.33 (0.10%)UNITY26.86▲ 0.7 (0.03%)WTL1.38▲ 0.12 (0.10%)

SC orders railways secy to submit plan to make PR profitable

bandial punjab
Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

CJP expresses displeasure on taking loans

Chief Justice of Pakistan (CJP) Umar Ata Bandial on Monday ordered the railways secretary to submit a comprehensive plan in two weeks related to making the Pakistan Railways (PR) profitable.

A three-member bench headed by the CJP presided over the hearing of a case pertaining to the lease of Pakistan Railways lands.

During the hearing, the railways secretary told the court that Mainline-I (ML-I) is a $9.8 billion project that has been approved by the Executive Committee of the National Economic Council (Ecnec), adding that millions of rupees are required for the project.

Irked by the remark the Supreme Court (SC) expressed its displeasure with the secretary on the issue of taking a loan. Justice Bandial stated that the court will not allow anyone to talk about projects worth billions of rupees. The CJP further remarked that borrowing has become a sensitive issue in the country.

 

Related Posts

© 2024 All rights reserved | Pakistan Observer