Indian Government Allocates Rs 10,000 Crore to Stabilize Jet Fuel Prices
The Indian government has officially sanctioned a Rs 10,000 crore fund to stabilize Aviation Turbine Fuel (ATF) prices, a strategic move designed to prevent volatile airfares from burdening domestic travelers. Announced this week, the initiative provides interest-free advances to oil marketing companies to absorb sudden price shocks. This policy intervention aims to sustain affordable air…