Carriage by Air amendment Bill, 2015 passed in Parliament

Parliament has passed the Carriage by Air (Amendment) Bill, 2015.This aims to empower Union government to revise the limits of liability for airlines 
•    The bill was first passed by the Lok Sabha in December 2015 and later it got passed by the Rajya in March 2016. 
•    Now it will go for the Presidential assent as per Article 111 of Constitution. 
•    The Bill seeks to amend the Carriage by Air Act, 1972 
•    It will revise the limits of liability for airlines and compensation in order adhere with the global counterparts. 
•    Bill intends to raise the liability limit for damage in case of delay, injury or death to each person. 
•    The Carriage by Air Act, 1972: Regulates carriage by air by giving effect to the Warsaw Convention, 1929 and as amended by Hague Protocol, 1955 and the Montreal Convention, 1999.