AERA Bill cleared, regulator to fix tariff at fewer airports
India | Aug 02, 2019, 11:56 PM ISTParliament on Friday unanimously passed a Bill that seeks to raise threshold for an airport to qualify as Major airport, reducing the tariff-fixing power of airport regulator to fewer airports. The Airports Economic Regulatory Authority of India (Amendment) Bill, 2019, which was passed by Rajya Sabha on July 16, will become law after President's approval.