Cabinet greenlights ₹10,000 crore fund to protect airlines from ATF price volatility

India's cabinet approved a fund of 10,000 crore rupees. The money is intended to shield airlines from ATF price swings. The measure seeks to stabilize carriers' operating costs. The decision was reported by Business Standard. The scheme will provide monetary support when fuel prices surge. Officials said the fund will be managed through a designated mechanism. The move aims to help maintain affordable air travel. Implementation specifics were not disclosed in the report.