Cabinet Approves ₹10,000 Crore ATF Stabilization Fund

The Union Cabinet approved ₹10,000 crore support to stabilize Aviation Turbine Fuel prices for scheduled Indian airlines.

The Union Cabinet approved a Price Stabilization Fund for Aviation Turbine Fuel pricing. The support aims to protect scheduled Indian airlines from sharp fuel price volatility caused by global energy uncertainty. The move is important because ATF forms a major part of airline operating costs and directly affects airfares. It is also relevant for questions on infrastructure, aviation policy, inflation control and government intervention in strategic sectors.