What measures should be taken to regulate airfares effectively in India as demanded by Lok Sabha members
Challenges in airfare regulation and the need for an effective mechanism
- Implementing price caps on airfares to prevent exorbitant pricing during high-demand periods.
- Regular monitoring of airfare trends and government intervention when necessary to maintain affordable prices.
- Establishing a transparent regulatory body to oversee airfare regulations and ensure compliance by airlines.
- Implementing strict penalties for airlines that violate airfare regulations to deter unfair pricing practices.
- Encouraging competition among airlines to prevent monopolies and promote fair pricing for consumers.
- Collaborating with industry experts and stakeholders to develop effective strategies for regulating airfares in India.
Answered
9 months ago