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India Approves ₹10,000 Crore Support for Aviation Fuel Stabilization
The Union Cabinet, led by Prime Minister Narendra Modi, approved a ₹10,000 crore budgetary support for Oil Marketing Companies (OMCs) to stabilize Aviation Turbine Fuel (ATF) prices for Indian airlines. This one-time initiative aims to counter the fuel volatility caused by the West Asia crisis, ensuring affordable air services