Hyderabad: Airports Economic Regulatory Authority (AERA) has initiated the process for fixing Development Fee (DF) to be collected from passengers embarking from Chhatrapati Shivaji International Airport, Mumbai. The airport is being managed by Mumbai International Airport Limited (MIAL) -a GVK Group company. While fixing the DF at Rs 100 for domestic passengers and Rs 600 for international passengers, the regulator invited suggestions from stakeholders. The central government had, on February 2009, allowed GVK to collect Rs 100 and Rs 600 for domestic and international passengers. However, the Supreme Court on April 26 last year held that no DF could be levied or collected from the embarking passengers at major airports unless an Authority determines the rate of such DF. The MIAL requested AERA to fix the DF saying any delay would jeopardise project completion due to shortage of funds.
08/01/12 PTI/IBN Live
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