04/06/2026
The Union Cabinet's decision to create aRs 10,000 crore Aviation Turbine Fuel (ATF) Price Stabilisation Fund marks a significant intervention at a time when India's aviation sector is facing unprecedented pressure from global fuel market volatility. Triggered largely by the escalating crisis in West Asia, soaring ATF prices have threatened the financial viability of airlines already operating on thin margins. By providing temporary support to Oil Marketing Companies (OMCs) and enabling more pre...