Carriers joining the fuel stabilisation scheme will buy ATF at predetermined rates backed by a Rs 10,000-crore fund approved by Union Cabinet, says civil aviation ministry.
Govt says shipping services from East of Hormuz & Red Sea have nearly doubled since start of conflict. Despite PM's call for more use of public transport, no major change in petrol & diesel usage.
Carriers joining the fuel stabilisation scheme will buy ATF at predetermined rates backed by a Rs 10,000-crore fund approved by Union Cabinet, says civil aviation ministry.
DFPDS last notified in 2021. Revision was necessitated due to expansion at force level and to cater to increased expenditure on ops and sustenance vis-à-vis increase in budgetary allocation.
An oil shock, monsoon fears, rampant unemployment, and the seeming inevitability of inflation are common to both eras. Indira Gandhi’s self-destructive responses are instructive today.
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