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Amendments in the AERA ACT, 2008

Airports Economic Regulatory Authority of India Act, 2008: has been amended to enhance the criteria for classifying ‘major airport’ from present ‘one and a half million’ to ‘three and half million’ per annum. The Authority shall adopt the tariff in respect of an airport if such tariff has been notified by the central Government as a part of the bidding document or has been determined through transparent process of bidding in accordance with the guidelines issued by the central Government.