India, March 14 -- The government sought, and received Rs.57,381.84 crore for the Economic Stablisation Fund as part of the supplementary grants for 2025-26, with Union finance minister Nirmala Sitharaman telling the Lok Sabha on Friday that this would "provide fiscal headroom to allow India to respond to the global headwinds."

The fund will allow the government to respond to unanticipated supply chain disruptions and unexpected shocks to the Indian economy, the minister added.

While the fund was not part of the original budget for 2025-26, according to the budget documents for 2026-27 presented on February 1, it was mentioned as part of the revised estimate (RE) for 2025-26, with Rs.50,000 crore being allocated for it. The stablisation...