Rajya Sabha passed Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 on August 4, 2021.
Bill was postponed by Civil Aviation Minister Jyotiraditya Scindia and was passed in the Lok Sabha in June 2021.
Presently, it will be shipped off the President Ram Nath Kovind for his consent.
Air terminals Economic Regulatory Authority of India (Amendment) Bill 2021
AERA charge proposes to change meaning of ‘significant air terminal’ as per Airports Economic Regulatory Authority Act, 2008 (AERA Act).
Bill tries to helper government’s arrangement of privatization of more modest air terminals under its resource adaptation program that was reported during association spending plan for 2021-22.
it likewise vows to help in quicker improvement of little air terminals and facilitating provincial air availability UDAN conspire by extending air network in far off regions.
Change will empower AERA to control tax and different charges of aeronautical administrations for significant air terminal with yearly traveler traffic of more than 3.5 million just as a gathering of air terminals together.
Bill was first presented in March 2021 and was in this way shipped off a parliamentary standing board on transport, the travel industry and culture. Board of trustees had endorsed it with no changes.
Air terminals Economic Regulatory Authority (AERA)
AERA is an administrative office that manage levy and other use and expenses of significant air terminals in India. This legal body was set up under Airports Economic Regulatory Authority of India Act (AERA), 2008.
UDAN represents Ude Desh ka Aam Naagrik. It is a territorial air terminal turn of events and Regional Connectivity Scheme that was dispatched with the goal of “letting normal resident of India fly”. It expects to make air travel moderate and far reaching. It likewise tries to support comprehensive public monetary turn of events, work development and air transport framework improvement across the states.