Pakistan Railways offers 50 percent discount on fare to persons with disabilities 

People board a train at a railway station in Lahore on June 27, 2023. (AFP/File)
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Updated 24 September 2024
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Pakistan Railways offers 50 percent discount on fare to persons with disabilities 

  • Discount applicable on all express and passenger trains except for Green Line, says state media
  • Pakistan Railways operating 98 trains daily with 1,180 serviceable coaches, says official 

Islamabad: Pakistan Railways is offering a 50 percent discount on tickets for persons with disabilities for all express and passenger trains except for the Green Line, state broadcaster Radio Pakistan said on Tuesday.

Persons with disabilities can avail the discount after presenting their Computerized National Identity Cards (CNIC) that bear the disability logo, a railways ministry official told the state-run media. 

“He said that a 50 percent discount is also offered to the attendant accompanying visually impaired persons,” Radio Pakistan said, adding that wheelchairs are available at all major stations to assist persons with disabilities. 

Pakistan Railways has also dedicated exclusive reservation and booking counters for persons with disabilities at its reservation offices, he said.

“The free-of-cost access to executive washrooms and restrooms has been provided at a few major stations for special persons,” the report said. 

Railway is an essential mode of intercity traveling, especially among middle- and lower-income groups, with a network of tracks across Pakistan. However, carriages are often overcrowded, and many trains are said to be in poor condition. 

The official said Pakistan Railways was operating 98 trains daily with 1,180 serviceable coaches. Pakistan Railways owns 1,680 passenger coaches out of which 72 percent of coaches have surpassed their useful life, the state media said. 


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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Pakistan regulator amends law to facilitate capital raising by listed companies

  • The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
  • Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,

The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.

This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.

“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.

The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.

The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.

“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.

“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”

The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.