From The Tribune
Center Owned by The Tribune TrustCabinet approves Rs 5,000 crore corpus to back Rs 12.6 lakh crore Mudra loans over next five years
What's behind this
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a Nutrient Based Subsidy for phosphatic and potassic fertilisers for the Rabi season of 2026‑27, amounting to Rs 62,370 crore. The subsidy, covering the period October 1, 2026 to March 31, 2027, was described as a hike in response to rising global prices and represents an increase of about 64% over the previous year.
AI-generated overview from 4 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
New Delhi: The Union Cabinet on Wednesday approved the extension of the Credit Guarantee Fund for Micro Units (CGFMU) for five years to March 2031. As of September 2026, more than 60.36 crore loans amounting to Rs 43.34 lakh crore have been sanctioned by lending institutions since the launch of the…
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center · 2 outlets
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Nutrient-Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilisers for the Rabi season, with a tentative subsidy requirement of Rs 62,370.02 crore, an increase of around 64 per cent over the previous…
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right · 1 outlet
The package includes Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the period October 1, 2026, to March 31, 2027.
RSS excerpt
The Union Cabinet on Wednesday approved the continuation of the Credit Guarantee Fund for Micro Units (CGFMU) for another five years till March 31, 2031, with a corpus of Rs 5,000 crore to support loans worth Rs 12.6 lakh crore under the Pradhan Mantri Mudra Yojana (PMMY).
