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Economic Stabilization Fund
March 17 , 2026
14 hrs 0 min
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- The Lok Sabha approved the second batch of Supplementary Demands for Grants for 2025–26.
- The finance minister proposed the Economic Stabilisation Fund (ESF) with a total outlay of ₹1 lakh crore.
- The ESF is intended to help India respond to global crises, sudden economic shocks, and supply chain disruptions.
- Supplementary Demands for Grants are required when the budget approved by Parliament for a financial year is insufficient for a particular service.
- The President lays these demands before both Houses of Parliament, and they must be passed before the end of the financial year.
- Supplementary Demands for Grants are mentioned under Article 115 of the Indian Constitution.
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