President Ram Baran Yadav today endorsed the
Railway Ordinance, which will now expedite development of the railway in the
country.
The president’s approval will help form Railway
Board, an autonomous body to develop, expand, operate and manage the railways in
the country.
The ordinance that is an amended to the Railway
Act 1963 will give legal teeth to the railway authority. The Act will also help
expedite works for construction as the government was planning to carry out big
railway projects.
According to the emended act, the board will be chaired
by the minister for Physical Infrastructure and Transport, and the Department
of Railways will now be transformed into the Railway Board.
The government is currently planning Mechi
Mahakali Electrical Project, Metro Rail in the valley and cross-border railway
links with India.
The government has
also been planning to carry out a feasibility study on North-South railway
links aimed at connecting two neighbouring countries —India and China — as part
of Trans-Asia Railway Network, which Nepal had also agreed to be a part of in December 2011. It will connect Nepal with railway networks in Europe,
enabling uninterrupted movement of people and goods.
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