Rs 10,000 crore fuel price stabilisation fund approved for airlines
01 Jun, 2026
Rs 10,000 crore fuel price stabilisation fund approved for airlines
Unit 5 — Mathematical Reasoning and AptitudeUnit 9 — People, Development and Environment
What Happened?
The Cabinet approved a Rs 10,000 crore fund for Oil Marketing Companies to support capped ATF prices for participating scheduled Indian airlines. OMCs receive interest-free advances to compensate for losses when international ATF prices exceed a government benchmark, with recovery when prices fall.
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