India Caps Aviation Fuel Hikes to Protect Passengers
India has set a 25% cap on monthly increases in aviation turbine fuel prices for domestic flights to safeguard passengers from sudden fare hikes. Defense Minister Rajnath Singh lauds the decision. The government also advises private operators on switching from LPG to petrol due to supply challenges.
In a bid to shield passengers from volatile airfare hikes, the Indian government has announced a cap on monthly increases in aviation turbine fuel prices for domestic flights, limiting them to 25%. This move, revealed in a government statement on Thursday, aims to provide relief to air travelers amidst fluctuating fuel costs.
Defense Minister Rajnath Singh has expressed his appreciation for the decision, highlighting its importance in protecting passengers from sudden fare increases. Singh praised the initiative as a proactive measure to stabilize the aviation sector and maintain passenger affordability.
Additionally, the government addressed concerns faced by private operators regarding the supply of auto LPG, citing procurement challenges. As a remedy, operators are encouraged to consider using petrol for dual-feed autos where feasible, highlighting ongoing efforts to mitigate related issues.
(With inputs from agencies.)
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