New Delhi, March 18 (IANS) The cabinet has approved an amendment to the Carriage by Air Act which will enable the government to revise the liability limits of air carriers concerning injury and loss of baggage and cargo.
Official sources said on Wednesday that the decision taken by the cabinet at its meeting on Tuesday will benefit people travelling by air.
They said the liability limits were being revised as per the Montreal Convention.
Damage in case of death or bodily injury for each person was revised from 1,00,000 SDR (special drawing rights) to 1,13,100.
The liability for delay in carriage for each person has been raised from 4,150 SDR to 4,694 SDR. The liability in case of destruction, loss, damage or delay of baggage for each person has been raised from 1,000 SDR to 1,131 SDR.
The liability in case of destruction, loss or delay in relation to the carriage of cargo has been raised from 17 SDR to 19 SDR.
Officials said the currency value of the SDR is determined by summing the values in US dollars, based on market exchange rates, of a basket of major currencies - the US dollar, Euro, Japanese yen and pound sterling.
They said the International Civil Aviation Organisation (ICAO) determined an inflation factor of 13.1 percent which exceeded 10 percent, the threshold stipulated for triggering an adjustment in the limit of liability.
The revised limit of liability became effective on December 30, 2009.
Officials said relevant provisions under the Carriage by Air Act, 1972 have to be amended to give effect to the revised limits as there was no enabling provision in the Act for promulgating revised limits of liability.
An amendment is being made to the Carriage by Air Act by inserting a new provision enabling the government to revise the limits of liability as and when the revised limits are notified by the ICAO.
India acceded to the Montreal Convention in May 2009.
Article 24 of the convention provides for revision of liability limits of air carriers for damages in relation to carriage of passengers, baggage and cargo at a five year interval.
Insurance company is not kind to loss of lockdown
Forty-seven-year-old Amit Aggarwal (name change on request) runs a garment manufacturing unit in
Tamil Nadu Chief Minister MK Stalin on Wednesday launched a major attack on the central governmen
Threat of terrorist attacks in India, angered by advisory, Canada now advises its citizens
Canada has advised its citizens traveling to India not to go to the border states such as Punjab,
Know what is the treatment of Covid-19 cytokine therapy? Trial is going on in Karnataka
Doctors all over the world are using different medicines and therapies in the treatment of corona
When the debate on the issue of farmers started in the Rajya Sabha on Friday morning, the MPs wer
Kangana Ranaut, who has made a special place in the hearts of people with her strong acting, has
United Nations warns, locust party may attack again in July
India may have to face the locust attack once again in July. The Food and Agriculture Organizatio
Shreyas Iyer to Become India's New T20 Captain; Suryakumar Yadav Dropped—The Decision Has Been Made!
Suryakumar Yadav, who recently led India to the T20 World Cup 2026 title, may lose his captaincy.
Gold Prices Jump ₹800 While Silver Crashes ₹5,000 Amid Easing US-Iran Tensions
The domestic bullion market witnessed strong momentum on Tuesday as gold prices surged sharply fo
Which bowler took the most wickets from every team in IPL 2021, Harshal Patel was the first number
A total of 60 matches were to be played in IPL 2021, including the final, but after 29 matches, d
