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

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

NEW DELHI: In a bid to ensure airfares don't get completely out of reach for the common citizen and airlines don't collapse, govt on Wednesday decided to set aside Rs 10,000 crore to cap aviation turbine fuel (ATF) or jet fuel prices and prevent them from sharp surges. This one-time budgetary support will be given as interest-free advance to oil…

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