The government has approved the proposed bill to amend the Aircraft Act, 1934. The regulation of the air sector will be strengthened with this bill. In case of negligence in aircraft operation, a fine of up to 1 crore can now be imposed. Earlier its maximum limit was Rs. 10 lakh.
It proposes a penalty of Rs 1 crore on the person convicted of carrying weapons (arms), ammunition or dangerous goods in the aircraft or endangering the safety of the aircraft in any way. This amended bill will be introduced in Parliament as the Aircraft (Amendment) Bill 2019.
Key Highlights
• The Aircraft Amendment Bill proposes to bring the regulations of all areas for air navigation within the ambit of the Act.
• The amendment will also meet the International Civil Aviation Organization - ICAO's security conditions.
• It will also help all the three aviation regulators of India - Directorate General of Aviation (DGCA), Bureau of Civil Aviation Security (BCAS) and Aircraft Accident Investigation Bureau (AAIB) to play their role better.
As per the notification published by Ministry of Civil Aviation on July 16, 2009, Aircraft Act provides imprisonment for two years or penalty of 10 lakhs or both for punishable offenses under category I. It includes various offenses like – Flying an aircraft without registration, flying an aircraft without valid certificate of airworthiness, flying an aircraft without appropriate pilot’s license, etc.
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Other approvals
The cabinet has approved relaxation of the terms of the Partial Credit Guarantee Scheme for purchase of assets of financially sound non-banking finance companies (NBFCs) and housing finance companies (HFCs) by state-run banks. Apart from that, the National Highway Authority of India (NHAI) gets approval to set up an Infrastructure Investment Trust.
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