Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check

The Indian government has allocated Rs 10,000 crore to stabilize jet fuel prices. This move aims to prevent airfares from becoming unaffordable for citizens and to support airline operations. The support will be provided as an interest-free advance to oil companies. This initiative is expected to maintain affordable air connectivity, boost tourism, and create employment opportunities across the country.