LAHORE - Federal Minister for Railways and ANP leader Ghulam Ahmed Bilour has said that any kind of reduction in the Railways fares is out of question while a feasibility report is being prepared to link Gwadar Port with railway track to connect this seaport with other parts of the country. Gwadar Port will be connected with other parts of the country through establishing rail tracks as the feasibility report in this regard is being finalised, Bilour told reporters while addressing a press conference here at the Pakistan Railways Headquarters on Thursday. Responding to a question whether the Railways would cut down its fares in view of considerable fall in petroleum prices, the federal minister said the Railways had raised fares in July last when diesel rate was Rs 50 per litre and at present its rate is higher than that. "So there is no question of downward revision of fares," he said while justifying his point. Replying to another question, he said, "The Railways has neither resources nor any plan to run bullet train in the country." Earlier, Federal Minister for Railways Ghulam Ahmed Bilour said that concerted efforts by railways officials had brought the income of all railway stations equal to the expenditures and no station across the country was running in deficit. He said that despite bringing earnings of all the stations equal to spending, the Pakistan Railways was running in deficit because of expenditures like payment of pension, running of schools, colleges and hospitals. He said a huge sum of Rs 4.5 billion was being spent just on the payment of pension to the retired Railways employees. He told that he had asked railways officials to prepare a report within 10 days regarding earnings, expenditures, and the requirements along with suggestions to reduce expenditures to overcome the deficit. He said, "Presently Railways deficit is about Rs 32 billion and it is impossible to finish it but could be reduced through improvement of performance and teamwork." He said that it would be unfair to compare Railways with road transport, as "there is great difference between the two sectors as roads are not only built by the government but their maintenance and security is also arranged by the government." On the contrary, he added, the Railways had to build track itself, ensure its maintenance and security of passengers from its own resources besides paying pension and providing education as well as health facilities to its employees. The minister further said that the Railways Department was facing shortage of rolling stock including locomotives. "We have freight but cannot lift it because we lack bogeys and locomotives," he added. He informed that the Pakistan Railways was importing 75 locomotives from China and funds would also be arranged by the concerned Chinese company from Chinese banks. He also apprised that these locomotives were of three categories including 1500, 2000, and 3000 HP (horsepower). The agreement with China in this regard include transfer of technology and all 1500 horsepower locomotives would be imported completely assembled while five each of the remaining two categories engines would be received completely assembled and remaining to be built here.