"Arrangement is intended not as a subsidy, but temporary stabilisation measure": Govt on Rs 10 K crore ATF support amid West Asia crisis

New Delhi [India], June 4 (ANI): The Centre on Thursday announced a Rs 10,000 crore Aviation Turbine Fuel (ATF) price stabilisation mechanism for Indian airlines to ensure stability in air services, and shield passengers from the impact of extraordinary volatility in the global fuel prices amid the continuing crisis in West Asia.