Business
Centre can now direct airlines on fares in 'extraordinary situations'
New rules under the Bharatiya Vayuyan Adhiniyam, 2024, notified on October 31, let the Union government issue written directions to airlines on fares in the public interest during extraordinary situations. The term is not defined, but the Centre has stepped in before, imposing fare bands during COVID-19 and after IndiGo's meltdown last December. The rules also require closer DGCA monitoring of fares.
This summary is based on reporting by The Hindu.
Read the full story at The HinduAdvertisement