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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.
