Railways Act of 1989

The Railways Act of 1989 is a key law that governs the management and operation of Indian Railways. It primarily privatized many railway services, allowing private companies to run passenger and freight operations alongside the government. The Act established a clear legal framework for licensing, safety standards, and the responsibilities of Railway operators. It aimed to improve efficiency, service quality, and investment in rail infrastructure while maintaining safety and regulatory oversight. Overall, it balanced promoting private sector participation with ensuring the safety and accessibility of India's vast railway network.