Wednesday, July 17, 2019

Rajya Sabha passes AERA (Amendment) Bill

New Delhi: Rajya Sabha Tuesday passed a Bill allowing the Airports Economic Regulatory Authority of India (AERA) to bid out any new airport at a pre-determined tariff structure.
Replying to the discussion on the Bill, Civil Aviation Minister Hardeep Singh Puri said,"As many as 16 airports will be in the purview of AERA. All other airports continue to be looked after by the Civil Aviation Ministry."
Currently, major airports with an annual capacity to handle one-and-a-half million passengers come under the purview of Airports Economic Regulatory Authority of India (AERA).
If the amendment is passed by Parliament, the definition of major airports would be changed to any aerodrome which has or is designated to have annual passenger capacity of three- and-a-half million.
The Cabinet on June 24 had approved the Airports Economic Regulatory Authority (Amendment), Bill.
16/07/19 PTI/Economic Times
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