Cabinet approves ₹10,000 crore fund to stabilise ATF costs

The Indian cabinet sanctioned a ₹10,000 crore fund. The allocation aims to stabilise ATF (aviation turbine fuel) costs. The measure responds to a current crisis affecting fuel prices. Business Standard reported the approval. The fund is intended to cushion market volatility. No timeline for disbursement was specified. Officials expect the support to protect airlines. Stakeholders will monitor the fund’s impact on fuel pricing.