Excerpt From http://www.business-standard.com/common/storypage.php?hpFlag=Y&chklogin=N&au tono=179782&leftnm=lmnu2&leftindx=2&lselect=0
---------------------------- Airports regulator Bill in Budget session Independent watchdog for airlines, aviation infrastructure Our Corporate Bureau / New Delhi February 03, 2005 A Bill to set up an Airport Economic Regulatory Authority (AERA) for the aviation sector is likely to be introduced during the coming Budget session of Parliament. The AERA would be regulating the economic affairs of the sector, Ajay Prasad, secretary, ministry of civil aviation, said today at the National Conference of Transport Infrastructure and Logistics Network organised by the Confederation of Indian Industry (CII) here. The move is aimed at putting in place a mechanism to monitor the operations of various airlines as well to prescribe norms for operating airports. The proposed regulator will be different from the Director-General of Civil Aviation (DGCA), which regulates the aviation sector. "The regulator would be set up by an Act of Parliament," Prasad said on the sidelines of the CII conference. Being of the view that an independent regulator is required, the government is pushing for greater private participation in air-services operations and developing airport infrastructure. .. ... ... .. ... ... --------------------------- $1 m. question: What is the status of Dabolim in all the plans for regulation, modernisation, privatisation etc.?
