The ₹1 Trillion Shield: India’s Strategic Economic Buffer
In a move to insulate the domestic economy from global turbulence, the Government of India has institutionalized a ₹1 Lakh Crore Economic Stabilisation Fund (ESF). Managed by the Department of Economic Affairs (DEA), this fund is not merely a budgetary allocation but a sophisticated “rainy-day” fiscal mechanism designed to provide the government with immediate liquidity … Read more