Airports Economic Regulatory Authority (AERA)

The Indian government made the Airports Economic Regulatory Authority (AERA) under a law in 2008 to control prices and fees for airport services.

AERA, acting independently, aims to make sure all airports compete fairly and attract investments to improve facilities while setting prices for services.

Its main jobs are setting prices for services, deciding development fees for big airports, and figuring out how much passengers should pay.

AERA also keeps an eye on service quality, making sure airports meet the standards set by the government or its authorized bodies.

Overall, AERA's role is to make sure airports work well, offer fair prices, and meet quality standards for the benefit of passengers and the aviation industry.