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Cabinet approves Rs 77,101 crore package including metro extension, fertiliser subsidy and museum

The approvals cover urban transport, farm input support, credit guarantees for small firms and a heritage museum, with costs that affect public budgets.

Photo: ABP Live English

What happened

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a package of projects and schemes estimated at Rs 77,101 crore on Wednesday. ABP Live English+1 The package includes an 8.45-km extension of the Noida-Greater Noida Metro's Aqua Line, estimated to cost Rs 2,390 crore, connecting Noida Sector 51 with Greater Noida Sector 4. The Economic Times A Rs 62,370 crore fertiliser subsidy was approved for the Rabi 2026-27 season. ABP Live English+1 The Cabinet approved continuation of the Credit Guarantee Fund for Micro Units for another five years till March 31, 2031, with a corpus of Rs 5,000 crore. The Tribune Development of the Yuge Yugeen Bharat Museum at the North and South Block complex in New Delhi was approved at a cost of Rs 3,230 crore. ABP Live English+1

Around it

Union Minister Ashwini Vaishnaw said the Mudra credit scheme was extended and strengthened, with changes including a reduced guarantee fee to bring down costs. The Tribune The Credit Guarantee Fund is intended to support loans worth Rs 12.6 lakh crore under the Pradhan Mantri Mudra Yojana, aiming to improve access to collateral-free loans for micro entrepreneurs. The Tribune The Cabinet also approved continuation of the Stand-Up India scheme until March 31, 2031. The Economic Times

Sources

  1. ABP Live EnglishPM Modi Cabinet Approves 5 Major Decisions: From Yuge Yugeen Bharat Museum To Mudra Scheme
  2. The TribuneCabinet approves Rs 5,000 crore corpus to back Rs 12.6 lakh crore Mudra loans over next five years
  3. The Economic TimesThe much awaited Noida-Greater Noida West metro link, a mega museum and more: Inside the Cabinet's Rs 77,101 crore package

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