Parliament passes a bill to allow AERA to open new airports at the pre-determined tax structure

On Friday Parliament passed a bill to provide the Airports Economic Regulatory Authority of India (AERA) to bid out any latest airport at a pre-determined rate structure.

While Rajya Sabha had furnished its nod to the bill earlier, it was approved by Lok Sabha on Friday by a voice vote.

Presently, major airports with an annual capacity to handle one-and-a-half million passengers fall under the purview of the Airports Economic Regulatory Authority of India (AERA).

Forthwith with the measures getting the parliamentary nod, the description of major airports would be altered to any aerodrome which has or is assigned to have an annual passenger capability of three-and-a-half million.

Share this to your,

Leave a Reply

Your email address will not be published. Required fields are marked *