India, April 1 -- The Rajya Sabha on Tuesday passed a bill enabling aircraft lessors to repossess aircraft in case of non- payments by Indian airlines.

The Protection of Interests in Aircraft Objects Bill 2025 will help reduce lease rentals and cost of operations for Indian airlines, thus, leading to rationalisation of fares.

The bill will now be moved to the Lok Sabha before being notified. It was introduced in the Upper House on February 10.

Civil aviation minister Ram Mohan Naidu, while replying to the discussion on the bill said, "At times when civil aviation is growing in India, we need to have proper legislations in place so that we can bring in more planes into the country."

The bill, the minister said, provides enhanced remedi...