Cabinet approves Price Stabilization Fund for Scheduled Indian Airlines towards ATF pricing
- One-time budgetary support of up to ₹10,000 crore to Oil Marketing Companies (OMCs) as interest-free advances to stabilise Aviation Turbine Fuel (ATF) prices for Scheduled Indian Airlines.
- Routed via Demands for Grants of the Ministry of Petroleum and Natural Gas (MoPNG); designed as a counter-cyclical buffer against the West Asia crisis-induced fuel shock.
- UPSC relevance: intersects GS-III (Economy, Energy security, Fiscal policy) and GS-II (Government interventions / Federal-ministry coordination).