---
title: "What is the key objective of the Airports Economic Regulatory Authority of India Bill, 2021?"  
description: "What is the key objective of the Airports Economic Regulatory Authority of India Bill, 2021?"  
author: "Lily Chitlangiya"  
published: 2022-02-22  
canonical: https://answers.mindstick.com/qa/96041/what-is-the-key-objective-of-the-airports-economic-regulatory-authority-of-india-bill-2021  
category: "current affair"  
tags: ["current affair", "india"]  
reading_time: 2 minutes  

---

# What is the key objective of the Airports Economic Regulatory Authority of India Bill, 2021?

What is the key objective of the Airports Economic Regulatory [Authority](https://answers.mindstick.com/qa/99266/which-indian-authority-regulates-mutual-funds) of India Bill, 2021?

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## Answers

### Answer by Stuti Gupta

> **The goal is to link smaller non-commercial airports with successful terminals as a package to bidders in order to make it a feasible pairing for investment under the PPP (public-private partnership) paradigm.**

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Parliament enacted the **Airports [Economic](https://answers.mindstick.com/qa/93159/what-is-the-regional-comprehensive-economic-partnership-rcep) Regulatory Authority of India Bill, 2021** on August 4, 2021. The Airports Economic Regulatory Authority of India Act, 2008 is amended. This bill was tabled in **Lok Sabha** during this year's budget session in March 2021. It was then forwarded to the **Standing Committee on Transportation, Tourism, and Culture,** which issued its findings on July 22, 2021. Cities often have a single civilian airport that offers all aeronautical facilities in the region. These operations comprise **air traffic control, aircraft landing and parking, and ground handling**. As a result, airports have **natural privileges in the area.** \
![What is the key objective of the Airports Economic Regulatory Authority of India Bill, 2021?](https://answers.mindstick.com/questionanswer/ea9612d4-ec34-4aa0-b450-30b21484480f/images/97104fde-241c-4f15-9f9e-1d16cf3970cb.png)\
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The necessity for an independent tariff regulator in the airport industry was recognized to ensure that private airport operators do not abuse their monopoly. As a result, under the 2008 Act, the **Airport Economic Regulatory Authority (AERA)** was formed as an independent organization to control tariffs and other fees for aeronautical facilities at large **[airports](https://answers.mindstick.com/qa/52086/which-state-has-the-highest-number-of-international-airports-in-india)**.


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