
Railways Amendment Bill, 2024, introduced by Railway Minister Ashwini Vishnaw, aims to amend the Railway Act, 1989, providing statutory powers to the Railway Board and improving operational efficiency. It proposes decentralization, an independent regulator, and increased autonomy for railway zones.
Opposition fears privatization and reduced passenger welfare. Concerns also exist over the government's control over Railway Board appointments.
The government defends the Bill as a move to enhance efficiency, self-sustainability, and modernization without compromising social responsibility.
The Bill is under debate in Parliament, with opposing views on its impact.
Financial Express / 1 year, 2 months ago
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