From Deccan Herald
Center-Left Owned by The Printers (Mysore) Pvt. Ltd.Cabinet approves extension of Credit Guarantee Fund for Micro Units for five years
What's behind this
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a Nutrient Based Subsidy on phosphatic and potassic fertilisers for the rabi crop season 2026‑27, with a tentative budgetary requirement of about Rs 62,370 crore, reflecting a rise in global prices. The subsidy amount is reported as up 64 % from the previous year. The decision was announced on Wednesday in New Delhi.
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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 · 1 outlet
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
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…
