FUEL POLICY
India is reviewing its aviation-fuel support mechanism after airlines did not adopt the original plan.
THE NUMBER
The June Cabinet design provided this maximum budgetary support as interest-free advances to OMCs.
WHAT CHANGED
Mint and NDTV Profit reported that the existing fixed-price mechanism attracted no participating airline.
HOW IT WORKED
The official design could run for this period, subject to review or recovery of the advance.
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Watch for revised terms, airline participation and any effect on fuel surcharges or routes.
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Sources, numbers and what to watch next.
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