The Railways (Amendment) Bill 2024 seeks to reinforce the functioning and independence of the Railway Board.
The Lok Sabha handed the Railways (Amendment) Bill, 2024, by a voice vote on Wednesday after a debate, which couldn’t be held earlier attributable to frequent disruptions of House proceedings over the last week.The authorities asserted that the Railways Amendment Bill is not going to lead to the privatisation of the nationwide service and alleged {that a} “fake narrative” is being propagated by some opposition members relating to this.
Responding to the talk on the invoice, Railway Minister Ashiwni Vaishnaw focused the opposition, saying their “fake narrative” relating to railways will fall flat identical to the one in regards to the Constitution failed. “A few members have said the Bill will lead to privatisation of railways, an attempt has been made to set a fake narrative. I want to appeal to them with all sincerity not to do this, their one fake narrative about the Constitution has already failed,” Vaishnaw mentioned.
The Railways (Amendment) Bill 2024 which seeks to reinforce the functioning and independence of the Railway Board was launched within the Lok Sabha through the earlier Parliament session. With the inclusion of the Railway Board below the 1989 Railway Act, the appointment, {qualifications}, tenure and standards for the Chairman and members of the Board would be the accountability of the central authorities.
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As a part of the plan to enhance railway operations, the Bill additionally contains provisions to nominate an impartial regulator that may oversee issues like fare dedication and make sure the competitiveness of the Railways. Earlier, through the debate, opposition members alleged that the Bill would lead to the privatisation of railways and demanded that or not it’s referred to a joint parliamentary committee for additional scrutiny.
They additionally requested the restoration of concessions for senior residents. Vaishnaw confused the necessity to considerably improve the capability of the nation’s railway system. “Ours is a rustic of 1.40 crore individuals which is a quickly rising financial system. There is a must considerably improve railway’s capability. There has been a scarcity of funding in railways for over 50-60 years.
“When PM Modi took over in 2014, the railways budget which used to be around Rs 25,000-30,000 crore, was increased to Rs 2.52 lakh crore. “Railway tracks as much as 31,000 km have been added since then, together with 5300 km throughout the final yr which is greater than Switzerland’s total railway protection,” he mentioned.
(Except for the headline, this story has not been edited by DNA workers and is printed from PTI)

