₹12.6 lakh crore Mudra loans and ₹62,370 crore subsidy headline macro cabinet decisions.
Context
What happened: The Union Cabinet on 11 November approved continued support for small businesses, Rabi 2026-27 fertiliser subsidy rates, a Noida Metro Aqua Line extension, and the Yuge Yugeen Bharat Museum.
Key numbers: ₹12.6 lakh crore in PMMY loans expected over five years via a ₹5,000 crore CGFMU corpus; ₹62,370.02 crore tentative fertiliser subsidy; ₹2,390 crore for the
Why it matters: The decisions extend credit guarantee schemes to March 31, 2031, raise the fertiliser subsidy by about ₹24,417.73 crore over Rabi 2025-26, and add five elevated stations between Noida and Greater Noida.
What changed
The Union Cabinet on 11 November approved continued support for small businesses, Rabi 2026-27 fertiliser subsidy rates, a Noida Metro Aqua Line extension, and the Yuge Yugeen Bharat Museum.
Why it matters
The decisions extend credit guarantee schemes to March 31, 2031, raise the fertiliser subsidy by about ₹24,417.73 crore over Rabi 2025-26, and add five elevated stations between Noida and Greater Noida.