CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. India Plans 'More Powerful' Aviation Regulator

India Plans 'More Powerful' Aviation Regulator

by Mary Swire, Tax-News.com, Hong Kong

08 April 2013


The Indian Government is expected to approve legislation in May for the formation of a Civil Aviation Authority (CAA) with a broad mandate and significant new powers, to replace the existing aviation sector regulator, the Directorate General of Civil Aviation (DGCA).

The CAA will benefit from new powers to enhance its ability to oversee India's embattled aviation industry, comprising many airlines saddled with huge debt, and airports struggling to keep pace with double-digit growth.

A freedom of information request led to the disclosure, in August 2012, that a total of twenty-two 'near miss' incidents were reported to the DGCA during the period June 2011 through to April 2012, casting into doubt the effectiveness of the present regulator, which is said to be understaffed and overburdened.

The CAA will be granted autonomy over its own finances, and will be enabled to set some aviation sector fees and levies. In addition, the agency will have greater enforcement powers in relation to oversight of airports and air navigation service providers with a view to ensuring India meets international best standards in safety.

TAGS: India | aviation

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »