Globally each country having civil aviation activities have their own regulatory body(s) like DGCA (India), FAA(United States), CAA(Great Britain) etc. to legally control their Aviation activities and help maintain the highest standard of safety operations.

Ministry of Civil Aviation - India (Civil Aviation - India)

The Ministry of Civil Aviation formulates National policies and programmes for the development and regulation of the Civil Aviation sector in the India. It is responsible for the administration of the Aircraft Act, 1934, Aircraft Rules, 1937 and various other legislations pertaining to the Aviation sector in the country. The Ministry exercises administrative control over attached and autonomous organizations like the Directorate General of Civil Aviation, Bureau of Civil Aviation Security and Indira Gandhi Rashtriya Udan Academy and affiliated Public Sector Undertakings like National Aviation Company of India Limited, Airports Authority of India and Pawan Hans Helicopters Limited.

Please visit the official Minsitry of Civil Aviation, India wesite @ http://civilaviation.nic.in/ for finer details.

Directorate General of Civil Aviation (DGCA)

The D.G.C.A is a regulatory body attached to the Ministry of Civil Aviation, India. The D.G.C.A is primarily responsible for regulation of air transport services to/from/within India and for endorsement of civil air regulations, air safety and air worthiness standards.

Some of the powers & functional areas of D.G.C.A include :

• Act as regulatory & Development body of Civil Aviation in India;
• Registration of Aircrafts;
• Formulation of Airworthiness Standards for Aircrafts registered in India;
• Licencing and issuing Certificates to the Aviation Operators & Professionals;
• Regulating checks and controls over the Aviation Operators & Professionals;
• Advising the Government on Air Transport, ICAO etc. matters;
• Promoting Design & Manufacture of Aircrafts;
• Several other matters related to Civil Aviation.

Please visit the official DGCA wesite @ http://dgca.nic.in/ for finer details.

Statutory Body(s) @ Aviation Insurance

Globally each country having Insurance activities have their own regulatory body(s) like IRDA (India), NAIC, FSA to legally control their Insurance activities and help maintain the highest standard of operations.

Insurance Regulatory and Development Authority (IRDA)

The IRDA is a regulatory body of India in the field of Insurance and is primarily responsible for regulation of insurance as well as reinsurance business to/from/within India. The IRDA was consituted by an Act of Parliament namely "IRDA Act 1999".

Some of the powers & functions of IRDA include :

• Regulate, promote and ensure orderly growth of insurance and reinsurance business.
• Regulate the Code of Conduct of all the Professionals involved in the development of insurance business and in the settlement of claims.
• Protect the interest and rights of Policyholders in all ways.
• Control and regulate the rates, advantages, terms & conditions etc. offered by the insurance companies.
• Regulate the method of maintaing the Financial books of accounts and report submission by the Insurance companies and the Insurance Professionals.
• Regulate fund investment by the insurance companies.

Please visit the official IRDA wesite @ http://www.irda.gov.in for finer details.