Amid the coronavirus pandemic, the airfare cap was introduced, which has been finally removed and has resulted in lower airfare and increased passenger traffic.
The Civil Aviation Ministry had said that after review of the current status of Scheduled Domestic Operations vis-a-vis passenger demand for air travel, it has been decided to remove the fare bands.
India will remove the fare caps it imposed on domestic airlines in 2020 during the pandemic on Aug. 31, the country's civil aviation ministry said on Wednesday, lifting restrictions on ticket prices.