President Kovind gives assent to AERA (Amendment) Bill- 2019

President Kovind gives assent to AERA (Amendment) Bill- 2019

President Ram Nath Kovind has given his assent to the Airports Economic Regulatory Authority (AERA) (Amendment) Bill- 2019. The Parliament had passed the bill on 2nd of this month.

The bill increases the threshold of annual passenger traffic for major airports from 15 lakh to over 35 lakh passengers. Before, the Airports Economic Regulatory Authority of India Act, 2008 defined a major airport as one with annual passenger traffic over 15 lakh or any other airports as notified by the central government.

 

 

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Author: Chiranjit Mistry

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