Lok Sabha Passes Railways (Amendment) Bill 2024

16 Dec 2024 CW Team

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)

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