NEW DELHI, March 10 -- The Centre on Tuesday sought Parliament's approval for Rs.2 trillion in net additional spending this fiscal, driven largely by higher food and fertilizer subsidies, defence revenue expenditure and transfers to reserve funds meant to cushion the economy from volatile global commodity prices amid escalating tensions in West Asia.

The net additional cash outgo amounts to a little under 0.6% of India's nominal GDP, which was revised down to Rs.345.5 trillion in the second advance estimates released last month. Economists said the scale of the supplementary demand could affect fiscal calculations for both FY26 and FY27.

The request is part of the second supplementary demands for grants tabled in Parliament, which seek ...