Lok Sabha Clears Railways Bill to Enhance Independence of Board

Statutory Status to Railway Board
The Bill grants statutory powers to the Railway Board, which has been functioning as an executive body since its inception in 1905. This change ensures its operations are better defined and regulated within a legal framework.

Integration of Laws
Provisions from the Indian Railway Board Act of 1905 have been incorporated into the Railways Act of 1989. This consolidation simplifies the legal structure governing Indian Railways, eliminating the need to refer to multiple laws.

Independent Regulator
The Bill proposes setting up an independent regulatory authority to oversee operations, enhance accountability, and address grievances effectively. This could ensure better service delivery and transparent decision-making.

Operational Efficiency
Enhanced autonomy to the zonal railways and improvements in accounting systems, revenue generation methods, and private-sector collaboration are included to modernize the railways.

Privatization Concerns
Critics, especially opposition parties, have raised concerns that the provisions might pave the way for privatization, potentially impacting affordability for common citizens. The government clarified that the amendments are intended for modernization and efficiency rather than privatization.