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.
