The Bharatiya Vayuyan Vidheyak, 2024, introduced in Lok Sabha in July 2024, proposed to set up how many statutory authorities? 

The correct answer is Option 1.

Key Points

• The Bharatiya Vayuyan Vidheyak, 2024, aims to establish three statutory authorities for better governance and regulation of the aviation sector in India.
• These authorities are proposed to be independent statutory entities to ensure the smooth functioning of aviation operations.
• The introduction of this bill is part of the government's efforts to strengthen aviation safety, security, and infrastructure development.
• The statutory authorities will play a critical role in ensuring compliance with international aviation standards and promoting India's civil aviation sector globally.
• The bill was introduced in the Lok Sabha in July 2024 and reflects India's commitment to modernizing its aviation governance framework.

Additional Information

• Statutory Authority:
  • A statutory authority is an entity created by legislation to carry out specific functions and enforce laws under its jurisdiction.
  • Such authorities are empowered by law to make regulations, adjudicate disputes, and ensure compliance in their respective sectors.
• International Aviation Standards:
  • These are guidelines set by global organizations like the International Civil Aviation Organization (ICAO) to maintain uniformity in aviation operations worldwide.
  • Compliance with such standards ensures safety, efficiency, and global compatibility in air travel.
• India's Civil Aviation Sector:
  • India is one of the fastest-growing aviation markets globally, with a significant increase in passenger traffic annually.
  • Efforts to modernize governance frameworks aim to accommodate this growth while ensuring safety and efficiency.
• Previous Initiatives in Indian Aviation:
  • The Aircraft Act, 1934 is a prominent existing legislation regulating aircraft operations in India.
  • Other initiatives include the establishment of the Directorate General of Civil Aviation (DGCA) and Airport Authority of India (AAI) for operational and regulatory oversight.