How will granting statutory powers to the Railway Board impact the functioning of Indian Railways
Examine the effects of the proposed bill to confer statutory powers on the Railway Board in India.
- Increased accountability and efficiency: Statutory powers will formalize the authority of the Railway Board, leading to clearer responsibilities and accountability.
- Streamlined decision-making processes: With statutory powers, the Railway Board can make decisions more swiftly without bureaucratic hurdles.
- Enhanced financial autonomy: Empowering the Railway Board can help in effective financial management and allocation of resources.
- Improved coordination and planning: Statutory powers can lead to better coordination among different departments within Indian Railways and facilitate long-term planning.
- Potential challenges: Centralization of power within the Railway Board may lead to issues of oversight and transparency if not managed properly.
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9 months ago