Bill giving DGCA, BCAS statutory status passed by Parliament


New Delhi, Sep 15 | The Aircraft (Amendment) Bill, 2020, which will provide statutory status to regulatory bodies in the aviation sector, including the Directorate General of Civil Aviation (DGCA), has been passed by Parliament with the Rajya Sabha approving it on Tuesday.

The bill, which also seeks to provide statutory status to the Bureau of Civil Aviation Security (BCAS) and the Aircraft Accident Investigation Bureau (AAIB), was passed by the Lok Sabha in March.

It approves the increase of maximum penalty for violations from the current Rs 10 lakh to Rs 1 crore.

Audits conducted by the ICAO in 2012 and 2015 indicated a need to amend the Aircraft Act, 1934 to give proper recognition to the regulators under the Act, to enhance the maximum quantum of fines and to empower the departmental officers to impose financial penalties on individuals or organisations involved in violations of the legal provisions and to include certain areas of air navigation services for rule-making purpose under section 5 of the Act.

In India, the DGCA is the aviation safety regulator and was the only main body regulating various aspects of civil aviation. However, over a period of time, on account of various administrative and operational requirements, two distinct organisations, i.e. the Bureau of Civil Aviation Security and the Aircraft Accidents Investigation Bureau, had been created through different notifications issued by Central government and these, as well as the DGCA, needed to be defined in the parent Act.

With the expansion of civil aviation in India, it was felt that regulator of the respective field of civil aviation needs to be empowered for imposition of penalty for certain violations through incorporating suitable enabling provision through rule-making on the aspect. The amount of penalties prescribed under various provisions of the Act for various violations/offences also needed a review.

The Aircraft (Amendment) Bill, 2020 seeks to define the DGCA, the BCAS and the AAIB.

It also seeks to empower the BCAS or any authorised officer to issue directions.

The bill also seeks to appoint designated officers for adjudging penalties and to provide for compounding of offences.

Source: IANS

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Policybazaar Unveils its new brand campaign "AapKiSideHai"

Policybazaar Unveils its new brand campaign

Akshay Kumar delivers the brand’s promise of always being on the customer’s side

Gurugram, 19th Sept, 2020: (Twitter handle: PolicyBazaar), India’s largest online insurance marketplace with over 10 million customers, showcases its commitment to customers in its new television campaign “AapKiSideHai”. The new ad campaign featuring Policybazaar brand ambassador, Akshay Kumar, highlights the brand’s promise of embracing a holistic customer centric approach while helping to bridge the insurance protection gap in India.

Policybazaar’sAapKiSideHai campaign seeks to reassure its customers on being a dependable Insurance partner for them, every step of the way. The brand has always focused on distributing products like term insurance, health insurance, zero commission ULIP’s and motor insurance that are optimal from a customer perspective. Policybazaar is now extending the brand promise beyond the purchase experience to ensure that consumers get the highest levels of service throughout the policy lifecycle.

The new brand campaign reinforces Policybazaar core value of putting the customer first by delivering on its promise of providing a trusted platform for all types of insurance products. The brand is committed to guiding the customer throughout the insurance journey, starting from recommending the right products at affordable pricing, ensuring thatthe policy issuance process is smooth and fast, and, to providing services and claims assistance when needed.

“While we continue to highlight the importance of Health & Term life Insurance through our marketing campaigns, with the brand promise of Policybazaar AapKiSideHai, we also intend to position Policybazaar as a customer centric brand, that is committed to stand by its customers, both pre and post purchase”, said Samir Sethi, Head of Brand Marketing, The new ad series highlights Policybazaar’s unparalleled support to customers, while providing them with the ease of comparing and buying term and health plans online with guidance at each & every step.

Speaking about the TVC launch, Sharat Dhall, Chief Operating Officer, said, “Our ultimate aim is to provide 360-degree assistance to customers that starts from when the policy is bought, to provide assistance when the claim is paid out, should such a situation arise. Winning and maintaining customer trust is a strong ethos within the company and this campaign reflects that. At a time when the world is grappling with a crisis like no other, the brand intends to instill confidence in the customers’ buying decisions by assuring them protection of their futures with the right insurance products & thorough assistance throughout the journey.”

The new brand campaign in its series displays moments of indecision that people may have while investing in protection products. It addresses these queries &emphasizes the importance of nurturing a bond with the consumers thereby creating customer delight.


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