BusinessPhoto: Business StandardGovernment May Cap Airfares During Emergencies, No Routine Regulation Planned
The government has no plans to regulate airline ticket prices under new airfare rules but may impose fare caps during emergencies like natural disasters or major disruptions, a senior official said. The rules, approved under the Bharatiya Vayuyan Adhiniyam, 2024, will require airlines to submit fare structures to the DGCA, enhancing oversight without routine price control.
Business Standard·



