What is the government's stance on capping airfare prices
An overview of the government's decision on whether or not to limit the cost of domestic air travel in India.
- Proponents of capping airfare prices argue that it would make air travel more affordable and accessible for the masses, especially during peak seasons when fares tend to skyrocket.
- However, opponents argue that capping airfare prices could stifle competition in the aviation industry and ultimately lead to lower quality services for consumers.
- In 2020, due to the COVID-19 pandemic, the Indian government temporarily capped airfare prices for domestic flights to ensure that airlines did not overcharge passengers who were stranded due to travel restrictions.
- The government has also introduced various measures to improve transparency and fairness in airfare pricing, such as imposing penalties on airlines that engage in predatory pricing practices or fail to disclose all relevant fees and charges to consumers.
- Ultimately, the decision to cap airfare prices or not will depend on various factors, including the state of the aviation industry, market demand, and the priorities of the government in power.
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