Cabinet Approves Rs 10,000 Crore ATF Price Stabilization Fund to Shield Airlines from Iran War Fuel Surge
The Union Cabinet approved a Rs 10,000 crore Aviation Turbine Fuel (ATF) Price Stabilization Fund to protect airlines, oil marketing companies, and passengers from soaring fuel prices triggered by the West Asia conflict. The self-sustaining revolving fund will be channelled through interest-free loans.
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