Centre drops ₹10,000 crore ATF stabilisation scheme after airlines miss MoU deadline
The government has discontinued its proposed aviation turbine fuel price-stabilisation scheme after no domestic carrier signed supply MoUs with state-owned oil marketers. Lower global crude and jet-fuel prices reduced the appeal of a fixed-price mechanism for airlines.
The Centre discontinued its ₹10,000-crore ATF price-stabilisation scheme after no domestic airline signed required fuel-supply MoUs with OMCs. Falling global crude and jet-fuel prices made the fixed-price mechanism commercially unattractive to carriers.
Why this matters
For Government of India, recent signals include the final 10% US Section 301 tariff on Indian imports and a monsoon deficit above 10% raising cotton-price risk; the ATF cancellation reflects easing fuel costs.
retail-company is accelerating, up +1,124,100% QoQ.