The Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 proposes to amend the definition of "major airport" so as extend its scope to determine the tariff for a group of airports also, which will encourage development of smaller airports. 118, Near Karol Bagh Metro, New Delhi-110060Phone: 8081300200Email: info@nextias.com, The Bill was first introduced in March 2021, and was subsequently referred to a, and other charges for aeronautical services for not just, Currently, the airport sector regulator determines the tariff, as a combination/package to bidders to make it a viable combination for investment under, This move is also likely to help in expanding the air connectivity to relatively remote areas and as a result, expediting the, It will pave the way for the privatisation of a small l. Lack of clarity in the bill on the criterion for deciding which airports will be clubbed together to qualify under ‘a group of airports’ definition. The Airports Economic Regulatory Authority of India (Amendment) Bill 2021 proposes to amend the definition of 'major airport' under the Airports Economic Regulatory Authority Act, 2008 (AERA Act). AERA (India) Limited, formerly known as Airports Economic Regulatory Authority, is a statutory body constituted under the Airports Economic Regulatory Authority of India Act, 2008 (27 of 2008) notified vide Gazette Notification dated 5th December 2008. Population ageing is an enduring and global phenomenon which is the result of the demographic transition from high to low levels of fertility and mortality. The AAI manages the building, enhancing, servicing and management of the civil aviation infrastructure in India. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. PESA Act (The Panchayats Extension to the Scheduled Areas). The major function of the AAI is to provide Air Traffic Management (ATM) services over airspaces that belong to the Indian Territory and the neighboring oceanic areas. The report presents the latest assessment of global trends in wildlife crime. It includes discussions on illicit rosewood, ivory, rhino horn, pangolin scales, live reptiles, tigers and other big cats, and European eel. Commentdocument.getElementById("comment").setAttribute("id","acd201850de8efe082dfb5ba9b2cdc2f");document.getElementById("ca909b22df").setAttribute("id","comment"); Save my name, email, and website in this browser for the next time I comment. Context: The Lok Sabha passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021 and seeks to amend the Airports Economic Regulatory Authority of India Act, 2008.. Background: The 2008 Act established the Airport Economic Regulatory Authority (AERA). The 2008 Act established the… The Bill adds that the central government may group airports and notify the group as a major airport. All the other airports which would not be major airports will continue to be looked after by the Ministry of Civil Aviation and the Govt. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. The Airports Economic Regulatory Authority of India Act, 2008 established the Airports Economic Regulatory Authority of India (AERA). A major airport is one which has, or is designated to have, annual passenger throughput in excess of 3.5 million. India Current Affairs 2012. Since our website approved by Google AdSense, every visitor and click do matter for us and we earn little beat from your click. This airport became very popular in a short span of time as it was a great option to visit Sai Nagar. Twenty years ago, India launched its âLook Eastâ policy. Airports Economic Regulatory Authority . AERA was established to ensure that private airport operators do not misuse their monopoly, the need for an independent tariff regulator in the airport sector was felt. Key provisions of the Bill: 1. (2) Words and expressions used herein and not defined but defined in the Act shall have the meanings respectively assigned to them in the Act. 1. Airports Economic Regulatory Authority of India (AERA) Amendment Bill 2021. The Ministry of Finance, Government of India established a High Powered Expert Committee in 2006 to study the feasibility of Indiaâs entry into the global market for international financial services and that of Mumbai becoming an ... In this book, several such interventions are given in the form of various chapters which will be of immense use improving the productivity and profitability of horticultural commodities. This book examines in detail the opportunities and challenges posed by the increasing presence of China and India in Africa, and proposes critical interventions that African governments must undertake in order to negotiate with China and ... Key features of the Bill. The Act established the Airports Economic Regulatory Authority of India (AERA). Join this channel to get access to perks:https://www.youtube.com/channel/UCrC8mOqJQpoB7NuIMKIS6rQ/joinClick here https://bit.ly/2wJs0SV to Download our Andro. 20 dated 02nd January 2018. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. It is implemented jointly by AAI and ISRO. The Airports Economic Regulatory Authority of India (Amendment) Bill, 2019 was introduced in Rajya Sabha on July 12, 2019 by the Minister of State for Civil Aviation, Mr. Hardeep Singh Puri. Team Simplified working hard to develop material and to touch every aspect of UPSC exam. Major airports: The 2008 Act designates an airport as a major airport if it has an annual passenger traffic of at least 35 lakh. EDUCATIONAL REFORMS. Come April 2022, air passengers flying out from Kempegowda International Airport (KIA) will have to shell out more on flight tickets.The Airports Economic Regulatory Authority (AERA) has allowed the Bangalore International Airport Ltd (BIAL) to increase the user development fee (UDF) for a period of four years till . 27-B, Pusa Road, Metro Pillar no. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. Required fields are marked *. #03, Valpra House, 1st Floor, 17th Main Rd, near KEB Office, Aicobo Nagar, 1st Stage, BTM Layout, Bengaluru, Karnataka 560068, © 2020. Airports Economic Regulatory Authority invites applications for the posts of Assistant, Stenographer, Operator of 18 vacancies on its official website aera.gov.in.The details of AERA Notification 2018 are available at careers99.com also. Browser's compatibility:IE 8 and above | Firefox 30.0 and above | chrome 34 and above This publication reviews the economics of climate change in Southeast Asia, with a particular focus on Indonesia, Philippines, Singapore, Thailand, and Viet Nam. The Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 proposes to tweak the definition of "major airport" so as to extend its scope to determine the tariff for a group of airports. According to the bill, the Airports Economic Regulatory Authority of India Act, 2008 provides for the establishment of an Airports Economic . AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. It was set up, keeping in mind that the country needs to have an independent regulator who has transparent rules and can take care of the interests of the service providers as well as that of the consumers. News: Recently, the Lok Sabha passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021. This report explores potential links between the agriculture and tourism sectors that could strengthen infrastructure development and inclusive growth in the Lao People's Democratic Republic. Interested and eligible candidates can Apply Offline before the last date of the Notification i.e., 16-07-2018. This edition includes a special focus on the impacts of the Covid-19 pandemic on transport systems, and models potential long-term changes with challenges and opportunities for decarbonisation. As per Section 13 of the Act, the AERA has been mandated to determine the tariff for the aeronautical services rendered at major airports - the amount of the development fees including user development fee and the amount of the passengers service fee levied . Important Contact Numbers and Email Addresses. A flagship annual document of the Ministry of Finance, Government of India, the Economic Survey reviews the developments in the Indian economy over the previous twelve months, summarizes the performance on major development programmes, and ... As of now, the Airports Economic Regulatory Authority (AERA) determines tariffs and other charges for aeronautical services of a single airport. A bill which seeks to amend the law governing the airports economic regulator was introduced in the Lok Sabha on Wednesday. The AERA 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. South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others. Part of: GS Prelims and GS-II - Policies and interventions and GS-III - Infrastructure. NOTICE FOR THE CANDIDATES TO CONFIRM/REVISE THE CHOICE OF CENTRE FOR CSE(MAIN), 2021. It is unclear if TDSAT, which primarily deals with issues related to telecom disputes, will have the expertise to adjudicate matters related to the pricing of airport services. a. Found inside â Page 117An Airport Economic Regulatory Authority (AERA) is being set up to ensure healthy competition among operators and settlement of disputes among operators as well as between them and passengers. (a) I & II (b) Only ii (c) II & III (d) All ... Airports Economic Regulatory Authority of India (Amendment) Bill, 2021. Go through these articles share with your friends and post your views in comment section. The Tribunal exercises jurisdiction over Telecom, Broadcasting, IT and Airport tariff matters under the TRAI Act, 1997 (as amended), the Information Technology Act, 2008 and the Airport Economic Regulatory Authority of India Act, 2008. This website belongs to Airports Economic Regulatory Authority of India (AERA) Site Designed,Developed,Owned and Maintained by AERA. This publication contains a report that evaluates the main problems that arise in the context of cyberterrorism and provides recommendations, together with reports on the situation in the member and observer states of the Council of Europe ... The bill seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. The 2008 Act established the Airport Economic Regulatory Authority (AERA). About Airports Economic Regulatory Authority Recruitment 2021. The Challenge of Slums presents the first global assessment of slums, emphasizing their problems and prospects. The 2008 Act designates an airport as a major airport if it has annual passenger traffic of at least 35 lakh. The United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2019 and 2020. With this move, the Airports Economic Regulatory Authority (AERA) will determine tariff for aeronautical services at Srinagar airport. The 2008 Act established the Airport Economic Regulatory Authority (AERA). The 2008 Act designates an airport as a major airport if it has an annual passenger traffic of at least 35 lakh. About: In exercise of the powers conferred by sub-section (i) of Section 2 of the Airports Economic Authority Act, 2008 (NO. It is a statutory body. Nov. 7, 2021. The Airports Economic Regulatory Authority of India Act, 2008 established the Statutory body - Airports Economic Regulatory Authority of India (AERA). Yes..!!! Pavneet Singh. To determine the tariffs and other charges( capital expenditure and passenger service fee) for the aeronautical services at major airports. The Act established the Airports Economic Regulatory Authority of India (AERA). The 2008 Act established the Airport Economic Regulatory Authority (AERA). The AERA Act was enacted in 2008 to set up an independent Airports Economic Regulatory Authority. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. It was first introduced in March 2021 and subsequently referred to a parliamentary standing committee on transport, tourism and culture, which approved it without any changes. Designed & Developed by Vaibhav C, Mission Sagar - II Handing Over Food AID to Djibouti by INS Airavat, UPSC 2021 GS-2 GS-3 TECNOLOGY POLITY GS-4, UPSC2021 GS-2 GS-3 TECHNOLOGY AGRICULTURE. These essays explore topics like the strengths and weaknesses of Indiaâs political system, growth prospects for Indiaâs economy, the competitiveness of Indian firms, Indiaâs rising international profile, and the rapid evolution of ... About the Airports Economic Regulatory Authority of India (Amendment) Bill of 2021: The bill allows tariff determination of a 'group of airports' by way of amending the definition of 'major airport.'&nbs. The AERA was established for determining the tariff for aeronautical services rendered at major airports. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. Airports Economic Regulatory Authority of India (Amendment) Bill, 2021. Countering the Problem of Falsified and Substandard Drugs accepts the narrow meaning of counterfeit, and, because the nuances of trademark infringement must be dealt with by courts, case by case, the report does not discuss the problem of ... The Airports Economic Regulatory Authority of India Act, 2008 established the Statutory body - Airports Economic Regulatory Authority of India (AERA). commencement ofthis Act, by notification in the Official Gazette, establish an Authority, to be known as the Airports Economic Regulatory Authority, to exercise the powers conferred Founded in 1995, the Airports Authority of India was created through the Airports Authority of India Act, 1994 under the aegis of the Ministry of Civil Aviation. The AERA 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. This short Bill proposes only one amendment to Section 2 (i) of the Airports Economic Regulatory Authority of India Act, 2008. The amendment aims to pair the smaller non-profitable airports with profitable airports as a combination/package for bidders. With the advent of private players in the airport sector in 2006, there was a risk of monopoly by them.To counter this, the Airports Economic Regulatory Authority of India was established in 2008 under the AERA Act. The bill, which will amend the Airports Economic Regulatory Authority of India Act, 2008, was moved on the floor of the house for passage and consideration by Civil Aviation Minster Jyotiraditya Scindia. "Authority" means the Airports Economic Regulatory Authority established under sub-section (1) of section 3 of the Act; (e) "Forms" means the Form annexed to these rules. GK, General Studies, Optional notes for UPSC, IAS, Banking, Civil Services. Hinglish Current Affairs. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at . Was AERA needed? The Airports Economic Regulatory Authority(AERA) deals with determining the tariffs for aeronautical services and Passenger Service Fees to monitor performance . The Parliament on August 4, 2021 passed the Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 after the Rajya Sabha approved it after a brief discussion amid protests by the . AERA seeks to determine the following for the major airports, Tariff for the aeronautical services, Airport Development Fees, and All rights reserved. It also was not asked to compare the relative risks of uranium mining to the mining of other fuels such as coal. This book will be of interest to decision makers at the state and local level, the energy industry, and concerned citizens. Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 got approval of both houses of Parliament on 4.8.2021. August 4, 2021 by admin. To value our efforts you can contribute via payment apps. Q6. Hidden Debt examines the trade-off between tackling development challenges through direct state presence in the market and avoiding unsustainable debt due to economic inefficiencies of such offâ âbalance sheet operations, which greatly ... It was set up, keeping in mind that the country needs to have an independent regulator who has transparent rules and can take care of the interests of the service providers as well as that of the consumers. Consequently, the Airports Economic Regulatory Authority of India Act, 2008 (AERA Act) was passed which set up AERA. It seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. AERA Recruitment 2019 Apply for Secretary Posts Application Form: Airports Economic Regulatory Authority of India has announced to fill 01 vacancy for Secretary Posts.An Authority to regulate tariff and other charges for the aeronautical services rendered at airports, under the administrative control of the Ministry of Civil Aviation, Government of India. This Five Year Plan document focuses on Faster, Sustainable and Inclusive Growth. The 2008 Act established the Airport Economic Regulatory Authority (AERA). The 2008 Act established the Airport Economic Regulatory Authority (AERA). The central . It is a mini ratna company involved in building, upgrading, maintaining and managing airport infrastructure. Hence Option D is correct. Functions: AERA regulates tariffs and other charges for aeronautical services provided at civilian airports with annual traffic above 15 lakh passengers. . AERA comes under the Ministry of Civil Aviation. share this on. Biodiversity and Human Health brings together leading thinkers on the global environment and biomedicine to explore the human health consequences of the loss of biological diversity. It is responsible for the creation, management, maintenance and up-gradation of aviation infrastructure in the country. Found inside â Page 157Which among the following authority decides upon any issues regarding the revision of fee collected as Development Fee from Airports in India? A Airport Authority of India B Airports Economic Regulatory Authority C Ministry of Civil ... Airports Economic Regulatory Authority of India: With the advent of private players in the airport sector in 2006, there was a risk of monopoly by them. It seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. UPSC Civil Services Cut Off 2021 Prelims SC, ST, OBC, Gen Marks; The 2008 Act designates an airport as a major airport if it has an annual passenger traffic of at least 35 lakh. Major airports: The 2008 Act designates an airport as a major airport if it has an annual passenger traffic of at least 35 lakh. With contributions from leading experts, this volume is intended to be a valuable addition, and useful resource, for aerospace manufacturers and suppliers, governmental and industrial aerospace research establishments, airline and aviation ... Found inside â Page 267HUDCO Housing and Urban Development Corporation IAAI International Airport Authority of India IARI Indian ... NATO North Atlantic Treaty Organisation NREP National Rural Employment Programme OEGD Organisation for Economic Co-operation ... Mission Sagar - II Handing Over Food AID to Djibouti by . The Amendment will also enable tariff fixation of more than one airport. It was set up, keeping in mind that the country needs to have an independent regulator who has transparent rules and can take care of the interests of the service providers as well as that of the . Found inside â Page 9710th September Insurance Regulatory and Development Authority (IRDAI) announced usage of OTP (One Time Password) for ... service namely 'Tez' in India; Law Ministry approved the Fugitive Economic Offenders Bill 2017, in New Delhi. In news: AERA Amendment Bill, 2021, was recently passed in Lok Sabha. Typically, airports run the risk of becoming a monopoly because cities usually have one civilian airport which controls all aeronautical services in that area. A bill which seeks to amend the law governing the airports economic regulator was introduced in the Lok Sabha on Wednesday. IAS current affairs and Daily Current affairs for UPSC IAS Exam Preparation Gives a holistic understanding of all the latest updates on current affairs for UPSC Civil Services Exam preparation.is a blend of all the . The Lok Sabha passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021 and seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. commencement ofthis Act, by notification in the Official Gazette, establish an Authority, to be known as the Airports Economic Regulatory Authority, to exercise the powers conferred Mumbai Airport Answer:- Shirdi Airport - Shirdi Airport has been declared as a major airport recently by the Ministry of Civil Aviation under the Airport Economic Regulatory Authority Act, 2008. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. 22M watch mins. The Lok Sabha has passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021 without debate.The amendment bill aims to amend the Airports Economic Regulatory Authority of India Act, 2008. The 2008 Act established the Airport Economic Regulatory Authority (AERA). Airports Economic Regulatory Authority CONTEXT: AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. "... web version of the document placed at http://indiabudget.nic.in/"--Title page vers Airports Economic Regulatory Authority of India (AERA) Amendment Bill. Major Airport: The provision defines "major airport". The publication examines how six countries (Argentina, Mexico, Pakistan, Philippines, Ethiopia and Viet Nam) have been affected by the elimination of Trade-Related Investment Measures (TRIMs). This site is best viewed at a screen resolution of - 1024 X 768. Background: The 2008 Act established the Airport Economic Regulatory Authority (AERA). ; Before AERA came into existence, the Airports Authority of India, functioning under the civil aviation ministry, was in charge of . AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India. The Airport Economic Regulatory Authority (AERA) on 24 April 2012 permitted . As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No.2(d) of Gazette Notification), who is a citizen of . The 2008 Act established the Airport Economic Regulatory Authority (AERA). Hence, it is a statutory body. General Studies 3: Mobilization of resources, growth, development and employment In News: Rajya Sabha passed the Airports Economic Regulatory Authority of India (Amendment) Bill, 2019, and the Bill… Highlights Airport was declared as major airport by exercising powers conferred by Sub-Section (i) of Section 2 of the Airports Economic Regulatory Authority of India Act, 2008. (We really appreciate your precious time and efforts ). The Lok Sabha passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021 and seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. सरकार द्वारा पारित भारतीय हवाई अड्डा आर्थिक नियामक प्राधिकरण (संशोधन) विधेयक 2021 में ऐसे बदलावो का प्रस्ताव है जो विमानन क्षेत्र के लिए Select the correct code: The central government may also designate any airport as a major airport by a notification. The 2008 Act designates an airport as a major airport if it has an annual passenger traffic of at least 35 lakh. Your email address will not be published. Related Facts. First Step - NCERT Based Course for IAS after Class 10+2. The central government may also designate any airport as a major airport by a notification.
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