Context:
Airports Economic Regulatory Authority of India (AERA) has warned of stringent action against airport operators/service providers.
Why warning has been issued?
- Levy of charges for ‘Elite Meet & Greet’ service as it is categorised as a non-aeronautical service.
- It was a violation of the provisions of the AERA Act, 2008.
Airports Economic Regulatory Authority (AERA):
- A statutory body
- Established under – Airports Economic Regulatory Authority of India Act, 2008
- Purpose – To regulate tariffs and charges for aeronautical services provided at major airports in India.
- For the remaining airports, tariffs are determined by the Airports Authority of India (AAI).
As per AERA (Amendment) Act 2019, an airport an annual passenger traffic of at least 35 lakhs are designated as a major airport.
- Headquarters – Delhi
- Function – Regulates tariffs and other charges (development fee and passenger service fee) for aeronautical services (air traffic management, landing and parking of aircraft, ground handling services) at major airports.
Airports Authority of India (AAI):
- A statutory body
- Established in 1995 by merging the erstwhile National Airports Authority and the International Airports Authority of India.
- Purpose – Responsibility of creating, upgrading, maintaining, and managing civil aviation infrastructure both on the ground and in the air space of the country.
- Main Functions –
- Construction, modification, and management of passenger terminals;
- Development and management of cargo terminals;
- Development and maintenance of apron infrastructure, including runways, parallel taxiways, apron, etc;
- Provision of Communication, Navigation and Surveillance, which includes the provision of DVOR / DME, ILS, ATC radars, visual aids etc.
- Provision of air traffic services;
- Provision of passenger facilities and related amenities at its terminals.
Source: The Hindu
Previous Year Question
With reference to the Indian Renewable Energy Development Agency Limited (IREDA), which of the following statements is/are correct?
1. It is a Public Limited Government Company.
2. It is a Non-Banking Financial Company.
Select the correct answer using the code given below.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (c)
