Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projects
Aviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This aims to protect Indian airlines from higher global crude oil costs. Jet fuel prices are fixed at ₹115 per litre for airlines. This measure will help keep airfares affordable for passengers. The scheme will operate for 36 months.