Tuesday, October 17, 2006

Proposal for new airport watchdog referred to GoM

New Delhi: In a bid to avoid ambiguities and overlap of jurisdiction while setting up the Airport Economic Regulatory Authority (AERA), the Union Cabinet on Monday referred the AERA proposal to a group of ministers (GoM).
The civil aviation, finance and defence ministers are part of the GoM.
Taking about the functioning of the GoM, civil aviation minister Praful Patel said it would look into aeronautical charges, methods and demarcation of defence enclave.
Civil aviation secretary Ajay Prasad had earlier said the Bill to set up the regulatory authority would be introduced in the winter session of Parliament.
The proposed authority aims to create a level playing field and promote healthy competition between airports, encourage investments for building airport facilities, regulate tariffs of overhaul services.
16/10/06 Financial Express
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