Airports Economic Regulatory Authority of India Bill 2021 passed in Parliament

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.

Click here to read the Key Features Airports Economic Regulatory Authority of India (Amendment) Bill, 2021