Q. Consider the following statements regarding Airports Economic Regulatory Authority of India (Amendment) Bill, 2021(AERA Act)-
- It proposes to amend the definition of ‘major airport’ under the AERA Act 2008.
- The amendment will allow AERA to regulate tariff and other charges for aeronautical services for major as well as a group of airports together.
Which of the above statement/ s is / are true?
a) Only 1
b) Only 2
c) Both 1 &2
d) None of these
ANSWER:- c)
RELATED FACTS:-
- On 4th, August, 2021 The Parliament passed a bill which seeks to encourage smaller airports to expand air connectivity to relatively remote and far-flung areas.
- Rajya Sabha passed the Airports Economic Regulatory Authority of India (Amendment) Bill, 2021, after a brief discussion.
- The bill, which will amend the Airports Economic Regulatory Authority of India Act, 2008, was moved on the floor of the house for passage and consideration by Civil Aviation Minster Jyotiraditya Scindia.
- It proposes to amend the definition of ‘major airport’ under the Airports Economic Regulatory Authority Act, 2008 (AERA Act).
- According to the bill, the Airports Economic Regulatory Authority of India Act, 2008 provides for the establishment of an Airports Economic Regulatory Authority to regulate tariff and other charges for the aeronautical services rendered at airports and to monitor performance standards of airports.
- Being an independent regulator for protection of the interests of airports, airlines and passengers, the Airports Economic Regulatory Authority of India has, since its inception, been determining the tariffs of aeronautical charges at major airports in the country.
- The amendment will allow AERA to regulate tariff and other charges for aeronautical services for not just major airport with annual passenger traffic of more than 3.5 million, but also a group of airports together.
By – ABHISHEK KUMAR