India Considers ATF Price Stabilization Scheme Amid Airfare Pressure
India's Civil Aviation Minister K Ram Mohan Naidu stated that the government is considering reviving the Aviation Turbine Fuel (ATF) Price Stabilisation Fund (PSF) scheme. This move comes amid rising jet fuel costs and their impact on airfares.
The Centre is considering reviving its aviation turbine fuel (ATF) Price Stabilisation Fund (PSF) scheme amid rising jet fuel costs and the knock-on effect on airfares, Civil Aviation Minister K Ram Mohan Naidu told reporters on Tuesday. Accordingly, the framework could be reworked with inputs from stakeholders.