The Economic Times

Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 crore

The Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in budgetary support to Oil Marketing Companies. This aims to stabilize Aviation Turbine Fuel prices for Indian airlines. This measure addresses the current fuel price volatility. The support will help ensure stable operations for domestic and international flights.