Railways (Amendment) Bill, 2024 Passed in Lok Sabha

Key Points

• 1The Railways (Amendment) Bill, 2024 was passed in the Lok Sabha on December 11, 2024.
• 2The Bill incorporates provisions of the Indian Railway Board Act, 1905, into the Railways Act, 1989.
• 3The Bill proposes to provide statutory backing to the Railway Board and give greater autonomy to Railway Zones.
• 4The Bill proposes to establish an independent regulator for tariffs, safety, and private sector participation.
• 5The amendment is expected to speed up the approval process for train services and fast-track infrastructure.