Correct option is B
Key Objectives of the Bill:
Simplification: Merging the two Acts to reduce legal complexities.
Empowerment: Granting the central government authority to define the composition and functions of the Railway Board.
Operational Efficiency: Improving governance and administrative processes within Indian Railways.
Parliamentary Proceedings:
The bill was introduced amidst discussions and debates, with some opposition members expressing concerns about potential impacts on the autonomy of Indian Railways and the possibility of privatization.
Additional Information:
Ashwini Vaishnaw's Role: As the Railways Minister, Vaishnaw has been instrumental in initiating reforms aimed at modernizing railway infrastructure and operations.
Legislative Process: Following its introduction, the bill underwent scrutiny and discussions in parliamentary sessions before being passed, reflecting the government's commitment to reforming the railway sector.