The Airports Economic Regulatory Authority of India Act, 2008

The Airports Economic Regulatory Authority of India Act, 2008 was enacted with the objective of regulating the airport industry in India. The act established the Airports Economic Regulatory Authority (AERA) as an independent regulator to oversee and regulate the tariffs and other charges for aeronautical services provided at airports in India. The act also aims to promote the development of airports in India by encouraging investment in the sector, and to ensure that the interests of airport users, passengers and airlines are protected.