NEW DELHI, FEBRUARY 8: With private players entering new territories, the Government has decided to bring in a Bill this Budget session to put in place an independent regulator who will oversee all economic aspects of the civil aviation sector.
These will include regulating new airports with private participation and settling disputes among various stakeholders, including airlines.
The Civil Aviation Ministry plans to table a Bill to establish an independent Civil Aviation Economic Regulatory Authority (CAERA). The step takes forward the suggestion first made by the Naresh Chandra Committee on civil aviation reforms.
now the question is, will it make any difference.