India's new airfare policy keeps fares market‑driven but adds government oversight
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The Indian government is finalising a new airfare policy that will not cap ticket prices, leaving fares to be set by airlines based on their operating costs, while requiring carriers to submit fare ranges for each route to the DGCA on a periodic basis.
The DGCA will determine how often airlines must provide these fare ranges and will also require a detailed breakdown of the total charge, including base fare, taxes, surcharges and airport or user development fees, and it will retain authority to regulate fares temporarily in exceptional circumstances such as natural disasters or sudden demand spikes, with any intervention proportionate to the severity and limited to the period needed.