Current Affairs - July 2019

Latest Current Affairs July, 2019 with Current Affairs, news summary on current events of National and International importance of July, 2019 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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Rajya Sabha passes Airports Economic Regulatory Authority (Amendment) Bill 2019

The Airports Economic Regulatory Authority of India (Amendment) Bill, 2019 has been passed by Rajya Sabha. The bill seeks to amend Airports Economic Regulatory Authority of India Act, 2008. It is yet to be passed by Lok Sabha.

Salient Features of Amendment Bill

Definition of major airports: The Bill seeks to amend definition of major airport as any aerodrome which has or is designated to have annual passenger traffic of over 35 lakh instead of existing 15 lakh. Currently, major airports with an annual capacity to handle 15 Lakh passengers come under purview of AERA.

Tariff determination by AERA:

At present as per the Act, AERA is responsible for determining-

  • the tariff for aeronautical services at different airports every 5 years
  • the development fees of major airports
  • the passengers service fee.

Moreover AERA can also call for necessary information to determine tariffs and perform any other tariff-related functions, such as amending tariffs if necessary in interim periods.

Amendment Bill adds that AERA will not determine the tariff, tariff structures and development fees, in certain cases. These cases include the case of privatised airports where such tariff amounts were a part of bid document (offered at the time of the privatisation) on basis of which airport operations were awarded.  Although AERA will be consulted by concessioning authority before incorporating such tariffs in bid document, and such tariffs must be notified.

About Airports Economic Regulatory Authority of India

AERA is a regulator that has powers to set tariffs charged at airports.

It was established by Airports Economic Regulatory Authority of India Act, 2008.

It is an independent economic regulator for protection of interests of airports, airlines and passengers.

Function: It regulates tariffs and other charges for aeronautical services provided at civilian airports with annual traffic above 15 lakh passengers. It also monitors performance standard of services across these airports.

MP gets its 1st international flight with Air India’s Indore-Dubai service

Indore, the commercial capital of Madhya Pradesh recently made it to international aviation map with national carrier Air India launching its flight service to Dubai from MP Airport. Air India Flight AI903 took wings from Indore’s Devi Ahilya Bai Holkar International Airport with 150 passengers on. This was the 1st international commercial flight from Madhya Pradesh.

Key Highlights

The non-stop flight fulfilled long-standing desire from travel fraternity and tourists for direct connectivity to Gulf region. This flight will also improve Dubai’s business relationship with Indore.

Air India is operating 162-seater A-320 Neo aircraft on Indore-Dubai route.

It will fly directly to Dubai on every Monday, Wednesday and Saturday while return flight from Dubai will be on Tuesday, Friday and Sunday.

Devi Ahilya Bai Holkar International Airport:

It is named after Maharani Ahilya Bai Holkar of Indore (1725–1795), who belonged to Holkar dynasty of Maratha Empire.

It is considered as busiest airport in Central India.

It has been bestowed Worlds Standardization Certification by United Kingdom (UK).

Background

On 29 May 2019 Central Government designated Devi Ahilya Bai Holkar Airport, Indore of Madhya Pradesh State as an international airport. This was in pursuance of sub-rule (b) of rule 3 of Passport (Entry into India) Rules, 1950, that made the Devi Ahilya Bai Holkar Airport as an authorized Immigration Check Post for entry into/exit from India with valid documents for all classes of passengers.

An international airport has customs and border control facilities enabling passengers to travel between two countries.

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