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THE AIRPORTS ECONOMIC REGULATORY AUTHORITY OF INDIA (AMENDMENT) BILL, 2019

Bill Aviation & Aerospace Passed
Date: 26th Oct, 2024 Source: Parliament of India Country: India Original Source

Brief

The Airports Economic Regulatory Authority of India (Amendment) Bill, 2019 aims to amend the Airports Economic Regulatory Authority of India Act, 2008. The proposed amendments include increasing the annual passenger throughput threshold for a "major airport" from one and a half million to three and a half million, and modifying Section 13 to exempt airports that have incorporated tariff models in their bidding documents from regulatory intervention. This move is intended to simplify the regulatory process and provide clarity on tariff determination for airports operating under private-public partnership models.

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Parliament of India

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