The Rajya Sabha has passed the Airports Economic
Regulatory Authority of India (Amendment) Bill, 2019.
The bill amends the Airports Economic Regulatory
Authority of India Act, 2008. The Act established the Airports Economic
Regulatory Authority of India (AERA).
The AERA regulates tariffs and other charges for
aeronautical services provided at civilian airports with annual traffic above
15 lakh passengers. It also monitors the
performance standard of services across these airports.
The Bill increases the threshold of annual
passenger traffic for major airports to over 35 lakh.
The Bill allows AERA to bid out any new airport
at a pre-determined tariff structure.
The Bill adds that AERA will not determine: a) the
tariff, b) tariff structures, or c) the development fees, in certain cases.
These cases include those where such tariff amounts were a part of the bid
document on the basis of which the airport operations were awarded.