The proposed CAA, which would have administrative and financial autonomy, is also likely to keep a tab on the entire range of activities -- from proper provision of air traffic services and licensing to financial fitness of airlines.
"A Cabinet note is being prepared. We have sent all the facts. The (civil aviation) ministry will have to forward it to the government," director general of civil aviation E K Bharat Bhushan told PTI in New Delhi.
Government plans to bring in a legislation to establish the CAA.
Bhushan said the CAA would have a 'lot of financial, administrative and procedural independence. We will be able to recruit (professionals) directly' instead of routing it through the Union Public Service Commission.
A feasibility study to set up the Authority was commissioned in October 2009 in technical cooperation with the UN body International Civil Aviation Organisation to improve financial and administrative autonomy for discharge of safety oversight functions more effectively.
The ICAO feasibility study was reviewed by the DGCA and the Civil Aviation Ministry last year.
The proposal was also endorsed by the US Federal Aviation Administration which said the proposed body would be in line with ICAO policy.
Civil Aviation Minister Vayalar Ravi recently said that the process to set up the CAA was currently on.
The CAA structure of an aviation regulatory body exists in several countries, including the UK and Singapore, giving
Navi Mumbai faces environment hurdle
10,000 commercial pilot licenses under DGCA scrutiny
Drunken flying: 57 pilots caught!
No contact with PMO or Akalis, says Chatwal
Kolkata, Chennai airports' upgradation soon