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2018-11-01
Download Pdf
Indian Economy
www.prsindia.org
Transport / Tourism / Urban development
The Airports Economic Regulatory Authority of India (Amendment) Bill, 2018
Highlights of the Bill
The Act defines a major airport as a civilian airport with annual passenger traffic of over 15 lakh. The Bill increases this threshold to over 35 lakh.
Under the Bill, AERA will not determine: (i) the tariff, (ii) tariff structures, or (iii) the development fees, in cases where these amounts were a part of the bid document on the basis of which the airport operations were awarded.
Key Issues and Analysis
AERA was set up to regulate the growing competition in the airline industry, and to provide a level playing field among different categories of airports. Under the Bill, AERA will now regulate tariffs at fewer airports. It may be argued that instead of strengthening the role of the regulator, its purview is being reduced. Further, certain objectives of the Bill could be achieved by improving AERA’s capacity.
Current Status: Pending
Ministry
:
Civil Aviation
Stage
Date
Introduction
Jul 18, 2018
Com. Ref.
Com. Rep.
Lok Sabha
Introduced
Rajya Sabha
Relevant Links
PRS Legislative Brief
(435 KB)
PRS Bill Summary
(405 KB)
बिल का सारांश
(457 KB)
Bill Text
(23 KB)
बिल कॉपी
(206 KB)
END
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