The Union Cabinet, chaired by Prime Minister Narendra Modi, announced key development initiatives worth Rs 30,290 crore with major focus on Aviation Turbine Fuel (ATF), commercial vehicle replacement and highway projects.The government approved one-time budgetary support of Rs 10,000 crore for Oil Marketing Companies (OMCs) to provide ATF price stabilisation support to scheduled Indian airlines for their domestic and international operations.Also read: Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe budgetary support shall be in the form of interest-free advances to OMCs through the Demands for Grants of the Ministry of Petroleum and Natural Gas, Union minister Ashwini Vaishnaw announced. The government would provide support to OMCs to facilitate stable ATF pricing for airlines during the ongoing period of exceptional fuel price volatility arising from the West Asia crisis.Scheme for replacement of old trucks and buses in Delhi-NCR areaThe Cabinet approved a two-year scheme to incentivize owners of trucks and buses registered in the Delhi–NCR region that comply with BS-IV or earlier emission norms to replace them with BS-VI or stricter emission-compliant vehicles, or electric vehicles (EVs). The initiative, launched with an outlay of Rs 9,585 crore, aims to reduce air pollution in the Delhi–NCR region and promote cleaner mobility.The scheme will be funded through the National Capital Region Planning Board (NCRPB) under the Ministry of Housing and Urban Affairs (MoHUA) and implemented by the Ministry of Road Transport and Highways (MoRTH) and Ministry of Petroleum and Natural Gas (MoPNG).It will be implemented in collaboration with the participating States and Union Territories of Delhi, Haryana, Rajasthan, and Uttar Pradesh.The outlay includes Rs 5,041 crore from the Centre and an estimated Rs 1,601 crore in tax concessions from the participating states.