Lok Sabha Passes Railways (Amendment) Bill 2024
RAILWAYS & METRO RAIL

Lok Sabha Passes Railways (Amendment) Bill 2024

The Lok Sabha passed the Railways (Amendment) Bill 2024 on December 11, seeking to enhance the functioning and autonomy of the Railway Board. The Bill was approved by voice vote after extensive debate, with Railway Minister Ashwini Vaishnaw assuring that the amendments will not lead to the privatisation of Indian Railways. Responding to opposition concerns, Vaishnaw dismissed allegations of privatisation, calling them a "fake narrative." He emphasised that the amendments are focused on improving operational efficiency and modernising the railways. “Our goal is to strengthen Indian Railways, not privatise it,” he said, urging the opposition to avoid misleading the public and work collaboratively towards sectoral reforms. Key features The Railways (Amendment) Bill aims to modernise governance and improve service delivery within Indian Railways. Key provisions include: • Enhanced independence: Granting greater autonomy to the Railway Board for efficient decision-making. • Operational efficiency: Streamlining processes to enhance functionality and responsiveness. • Global alignment: Updating administrative frameworks to meet international standards. Opposition members expressed fears that increased private-sector involvement could jeopardise affordability and accessibility for common citizens. Frequent disruptions delayed the debate, with opposition leaders arguing that the amendments might erode the public character of Indian Railways. However, the government firmly denied these claims. Vaishnaw reiterated that the railways would remain under public ownership and described the amendments as a step toward modernisation rather than privatisation. The passage of the bill signals the government’s commitment to revitalising Indian Railways through reforms that align with global best practices. As the amendments move toward implementation, attention will turn to their impact on operational efficiency, service quality, and public welfare, with stakeholders closely monitoring the outcomes. (Financial Express)

The Lok Sabha passed the Railways (Amendment) Bill 2024 on December 11, seeking to enhance the functioning and autonomy of the Railway Board. The Bill was approved by voice vote after extensive debate, with Railway Minister Ashwini Vaishnaw assuring that the amendments will not lead to the privatisation of Indian Railways. Responding to opposition concerns, Vaishnaw dismissed allegations of privatisation, calling them a fake narrative. He emphasised that the amendments are focused on improving operational efficiency and modernising the railways. “Our goal is to strengthen Indian Railways, not privatise it,” he said, urging the opposition to avoid misleading the public and work collaboratively towards sectoral reforms. Key features The Railways (Amendment) Bill aims to modernise governance and improve service delivery within Indian Railways. Key provisions include: • Enhanced independence: Granting greater autonomy to the Railway Board for efficient decision-making. • Operational efficiency: Streamlining processes to enhance functionality and responsiveness. • Global alignment: Updating administrative frameworks to meet international standards. Opposition members expressed fears that increased private-sector involvement could jeopardise affordability and accessibility for common citizens. Frequent disruptions delayed the debate, with opposition leaders arguing that the amendments might erode the public character of Indian Railways. However, the government firmly denied these claims. Vaishnaw reiterated that the railways would remain under public ownership and described the amendments as a step toward modernisation rather than privatisation. The passage of the bill signals the government’s commitment to revitalising Indian Railways through reforms that align with global best practices. As the amendments move toward implementation, attention will turn to their impact on operational efficiency, service quality, and public welfare, with stakeholders closely monitoring the outcomes. (Financial Express)

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?