FRBM Act escape clause

ECONOMIC STABILISATION FUND TO SHIELD INDIA FROM GLOBAL SHOCKS

India has established a ₹57,381 crore Economic Stabilisation Fund (ESF) via Supplementary Grants to counter global headwinds like oil shocks, maintaining a 4.4% fiscal deficit for 2025-26. This buffer shields the economy while long-term energy independence requires accelerating green transitions. 

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