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India: Price Stabilization Fund announced for the purchase of ATF by Scheduled Indian Airlines from OMCs

Description

On 3 June 2026, the Government of India approved one-time budgetary support of up to INR 100 billion (approximately USD 1.05 billion) as an interest-free advance to Oil Marketing Companies (OMCs) for ...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jun 2026

Revocation date

02 Jun 2029

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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