How can the government regulate airfares effectively, as requested by Lok Sabha members

- Implementing a transparent pricing mechanism can help regulate airfares effectively. Airlines would be required to provide a breakdown of costs, enabling consumers to understand the pricing structure. - Setting price caps or price bands for different routes can prevent airlines from overcharging during peak seasons or emergencies. This would ensure affordability for passengers. - Regular monitoring and audits of airlines’ pricing strategies can help identify any unfair practices and prevent price gouging. - Creating a regulatory authority specifically for monitoring airfares can ensure compliance and enforcement of pricing regulations. - Encouraging competition among airlines by offering incentives for providing reasonable fares can also help regulate airfares effectively.