Union Railway Minister Ashwini Vaishnaw introduced the Railways (Amendment) Bill, 2024 in the Lok Sabha on Friday.
Objective: The Bill aims to grant statutory powers to the Railway Board and enhance its functioning and independence.
Present Status: The Railways Act of 1989 replaced the Indian Railways Act of 1890, but the Railway Board has continued to operate without statutory backing.
Proposed Changes: The Bill seeks to incorporate provisions of the Indian Railway Board Act, 1905 into the Railways Act, 1989, simplifying the legal framework and reducing the need to reference two separate laws.
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