From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Mudra loan guarantee fee cut to 0.75%, scheme extended till 2031
What's behind this
The Union Cabinet approved a Rs 2,390 crore extension of the Noida Metro’s Aqua Line, connecting Noida Sector 51 to Greater Noida Sector 4. The project will add five elevated stations along an approximately 8.4‑km (8.449‑km) stretch, creating a new metro link between the two cities.
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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
New Delhi, Nov 11: 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…
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right · 3 outlets
The Union Cabinet approved measures supporting small businesses, farmers, urban transport and cultural infrastructure. It extended Stand-Up India and micro-unit credit guarantee schemes through March 2031, set fertiliser subsidies for Rabi 2026-27, cleared an 8.449-km Noida Metro extension and more.
RSS excerpt
The changes are aimed at lowering borrowing costs, expanding formal credit access and encouraging financial institutions to lend to micro enterprises.
