Airports Economic Regulatory Authority
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Airports Economic Regulatory Authority
Airports Economic Regulatory Authority (AERA) is a regulatory agency under Government of India to Regulation, regulate tariff and other expenditure & fees for major airports. It is a statutory body constituted under the Airports Economic Regulatory Authority of India Act (AERA), 2008. Functions It works according to provisions of AERA Act 2008. It regulates tariffs and fees charged to airports and passengers and monitors the quality of service. References

Regulatory agencies of India Airport operators Aviation authorities Ministry of Civil Aviation (India) Government-owned companies of India {{India-gov-stub ...
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Regulatory Agency
A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government agency, government authority that is responsible for exercising autonomous dominion over some area of human activity in a licensing and regulation, regulating capacity. These are customarily set up to strengthen safety and standards, and/or to protect consumers in markets where there is a Imperfect competition, lack of effective competition. Examples of regulatory agencies that enforce standards include the Food and Drug Administration in the United States and the Medicines and Healthcare products Regulatory Agency in the United Kingdom; and, in the case of Regulatory economics, economic regulation, the Office of Gas and Electricity Markets and the Telecom Regulatory Authority of India, Telecom Regulatory Authority in India. Legislative basis Regulatory agencies are generally a part of the executive (government), executive branch of the government and have stat ...
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Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure Th ...
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Regulation
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example: * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in government, typically regulation means stipulations of the delegated legislation which is drafted by subject-matter experts to enforce primary legislation; * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and, * in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals. Social Regulation in the social, political, psychological, and economic domains can take many forms: legal restr ...
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Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce ...
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The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a readership of over 800,000. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is published by Bennett, Coleman & Co. Ltd. The founding editor of the paper when it was launched in 1961 was P. S. Hariharan. The current editor of ''The Economic Times'' is Bodhisattva Ganguli. ''The Economic Times'' is sold in all major cities in India. Other ventures In June 2009, The Economic Times launch ...
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India Today
''India Today'' is a weekly Indian English-language news magazine published by Living Media India Limited. It is the most widely circulated magazine in India, with a readership of close to 8 million. In 2014, ''India Today'' launched a new online opinion-orientated site called the ''DailyO''. History ''India Today'' was established in 1975 by Vidya Vilas Purie (owner of Thompson Press), with his daughter Madhu Trehan as its editor and his son Aroon Purie as its publisher.Bhandare, Namita"70's: The decade of innocence".''Hindustan Times''. Retrieved 29 July 2012. At present, ''India Today'' is also published in Hindi, Tamil, Malayalam Malayalam (; , ) is a Dravidian languages, Dravidian language spoken in the Indian state of Kerala and the union territories of Lakshadweep and Puducherry (union territory), Puducherry (Mahé district) by the Malayali people. It is one of 2 ... and Telugu. The India Today news channel was launched on 22 May 2015. In October 2017, Aro ...
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National Informatics Centre
The National Informatics Centre (NIC) is an Indian government department under the Ministry of Electronics and Information Technology (MeitY). The NIC provides infrastructure, IT Consultancy, IT Services including but not limited to architecting, design, development and implementation of IT Systems to Central Government Departments and State Governments thus enabling delivery of government services to Citizens and pioneering the initiatives of Digital India. History The National Informatics Centre (NIC) was established in 1976 by Narasimaiah Seshagiri under the Electonics Commission of India and later moved under the then Planning Commission of India before coming under the Ministry of Electronics and Information Technology (MeitY - Hindi: इलेक्ट्रॉनिकी और सूचना प्रौद्योगिकी मंत्रालय). Additional Secretary Narasimaiah Seshagiri was the first to introduce a network system in India called NICNET. It ...
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Statutory Body
A statutory body or statutory authority is a body set up by law ( statute) that is authorised to implement certain legislation on behalf of the relevant country or state, sometimes by being empowered or delegated to set rules (for example regulations or statutory instruments) in their field. They are typically found in countries which are governed by a British style of parliamentary democracy such as the United Kingdom and the Commonwealth countries like Australia, Canada, India and New Zealand. They are also found in Israel and elsewhere. Statutory authorities may also be statutory corporations, if created as a body corporate. Australia Definitions Federal statutory authorities are established under the ''PGPA Act 2013''. "A statutory authority is a generic term for an authorisation by Parliament given to a person or group of people to exercise specific powers. A statutory authority can be established as a corporate Commonwealth entity or a non-corporate Commonweal ...
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Regulatory Agencies Of India
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example: * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in government, typically regulation means stipulations of the delegated legislation which is drafted by subject-matter experts to enforce primary legislation; * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and, * in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals. Social Regulation in the social, political, psychological, and economic domains can take many forms: legal restrictio ...
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Airport Operators
An airport is an aerodrome with extended facilities, mostly for commercial air transport. Airports usually consists of a landing area, which comprises an aerially accessible open space including at least one operationally active surface such as a runway According to the International Civil Aviation Organization (ICAO), a runway is a "defined rectangular area on a land aerodrome prepared for the landing and takeoff of aircraft". Runways may be a man-made surface (often asphalt, concre ... for a airplane, plane to take off and to land or a helipad, and often includes adjacent utility buildings such as control towers, hangars and airport terminal, terminals, to maintain and monitor aircraft. Larger airports may have airport aprons, taxiway bridges, air traffic control centres, passenger facilities such as restaurants and Airport lounge, lounges, and emergency services. In some countries, the US in particular, airports also typically have one or more fixed-ba ...
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Aviation Authorities
Aviation includes the activities surrounding mechanical flight and the aircraft industry. ''Aircraft'' includes fixed-wing and rotary-wing types, morphable wings, wing-less lifting bodies, as well as lighter-than-air craft such as hot air balloons and airships. Aviation began in the 18th century with the development of the hot air balloon, an apparatus capable of atmospheric displacement through buoyancy. Some of the most significant advancements in aviation technology came with the controlled gliding flying of Otto Lilienthal in 1896; then a large step in significance came with the construction of the first powered airplane by the Wright brothers in the early 1900s. Since that time, aviation has been technologically revolutionized by the introduction of the jet which permitted a major form of transport throughout the world. Etymology The word ''aviation'' was coined by the French writer and former naval officer Gabriel La Landelle in 1863. He derived the term from th ...
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Ministry Of Civil Aviation (India)
The Ministry of Civil Aviation in India is the nodal ministry responsible for the formulation of national policies and programmes for the development and regulation of civil aviation. It devises and implements schemes for the orderly growth and expansion of civil air transport in the country. Its functions also extend to overseeing airport facilities, air traffic services and carriage of passengers and goods by air. The ministry also administers the implementation of the Aircraft Act, 1934, Aircraft Rules, 1937 and is administratively responsible for the Commission of Railway Safety. Composition of the ministry The ministry is under the charge of Union Minister Jyotiraditya Scindia and Minister of State V. K. Singh. The secretary, an IAS officer, is administrative the head of the ministry and is assisted by one additional secretary and financial adviser, three joint secretaries, seven officers of the level of director/deputy secretary / financial controller and ten officers ...
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