Airports Economic Regulatory Authority (AERA) is a

regulatory agency A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous dominion over some area of human activity in a licensing and regulatin ...

under

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, c ...

to regulate

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 poli ...

and other expenditure & fees for major airports. It is a

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 reg ...

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