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Airports Economic Regulatory Authority of India (AERA) Amendment Bill

  • IASbaba
  • July 30, 2021
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Airports Economic Regulatory Authority of India (AERA) Amendment Bill

Part of: GS Prelims and GS-II – Policies and interventions and GS-III – Infrastructure

In news: AERA Amendment Bill, 2021, was recently passed in Lok Sabha.

About the Bill

  • It seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. 
  • The 2008 Act established the Airport Economic Regulatory Authority (AERA).  
  • AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India.
    • The 2008 Act designates an airport as a major airport if it has an annual passenger traffic of at least 35 lakh.  The central government may also designate any airport as a major airport by a notification.  
  • The amendment Bill adds that the central government may group airports and notify the group as a major airport. 

News Source: TH

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