Economic Stabilisation Fund (ESF)

In March 2026, the Union Finance Ministry proposed the creation of Economic Stabilisation Fund (ESF).

What is ESF?

  • About: It aims to create fiscal space that would enable the country to effectively respond to global economic shocks and unforeseen crises.
  • Financial Buffer: It functions as a financial buffer, helping absorb external volatility without disturbing the national budget.
  • Need: This move comes in response to intensifying global headwinds, particularly the volatility in energy prices and supply chain disruptions caused by the ongoing West Asia conflict.

How it Works?

Fund Allocation

  • The government allocates funds (currently Rs. 57,381 crore) through Supplementary Demands for ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy May 2026 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content