ForumIAS LATEST
- 12 June | From 105 to 142 in UPSC Prelims | AIR 2 IFoS 2025 Shares His Strategy | Click Here to Watch →
- 12 June | Failed Prelims, Secured IFoS AIR 36: Nikhil's Success Story |
Click Here to Watch → - 12 June | What Helped AIR 02 Crack IFoS? SFG, Mock Tests & Answer Writing | Click Here to Watch →
Source: PIB
What is the News?
Parliament has passed the Airports Economic Regulatory Authority of India (Amendment) Bill, 2021.
Purpose of the Bill:
- The bill 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.
