West Asia Crisis

WINDFALL TAX ON DIESEL: MEANING, RATIONALE AND IMPACT ON INDIA'S ENERGY SECTOR

A windfall tax (SAED) targets supernormal corporate profits arising from external crises. Recently hiked to ₹14/litre on diesel, India utilizes this tool to stabilize domestic fuel supplies, offset excise cuts, and curb inflation amidst the 2026 global energy crisis.

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PRICE STABILIZATION FUND FOR SCHEDULED INDIAN AIRLINES: OBJECTIVES, FEATURES, BENEFITS AND CHALLENGES

The Union Cabinet approved a ₹10,000 crore Price Stabilisation Fund providing interest-free advances to OMCs. This mechanism offers fixed-price ATF to domestic airlines, shielding them from massive price volatility caused by the West Asia crisis and structural tax challenges.

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IMPACT OF WEST ASIA CONFLICTS ON INDIA’S FERTILIZER SUPPLY CHAIN

India’s fertilizer sector faces severe fiscal and geopolitical vulnerabilities due to massive LNG and urea import dependence. Reforming distorted urea pricing through Direct Benefit Transfers and scaling sustainable initiatives like PM-PRANAM is critical to ensuring long-term food and economic security.

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