November 11, 2026 4:19 PM

Cabinet approves five-year extension of Stand-Up India Scheme, targets 2.5 lakh new entrepreneurs

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Stand-Up India Scheme for five years, until March 31, 2031. The extended scheme aims to provide financial assistance to an additional 2.5 lakh entrepreneurs from women, Scheduled Castes (SCs) and Scheduled Tribes (STs) communities, strengthening entrepreneurship and promoting inclusive economic growth. The Cabinet has also approved a Credit Guarantee Corpus of ₹4,111 crore to support the scheme’...

November 11, 2026 4:00 PM

Cabinet extends Credit Guarantee Fund for Micro Units until 2031, approves Rs 5,000-crore corpus

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Credit Guarantee Fund for Micro Units (CGFMU) for five years, until March 31, 2031. The Cabinet has also approved a corpus of ₹5,000 crore to support the scheme, which provides credit guarantee coverage to lending institutions against the risk of defaults on eligible loans. The extension is expected to facilitate loans amounting to ₹12.6 lakh crore under the Pradhan Mantri Mudra Yojana (PMMY) ov...

November 11, 2026 4:18 PM

Cabinet approves Rs 62,370-crore Nutrient-Based Subsidy for P&K fertilisers for Rabi 2026-27

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Nutrient-Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the Rabi 2026-27 season, covering the period from October 1, 2026, to March 31, 2027. The tentative budgetary requirement for the six-month period has been estimated at ₹62,370.02 crore, an increase of ₹24,417.73 crore over the ₹37,952.29 crore allocated for the Rabi 2025-26 season. The approved subsidy rates will apply to P...

November 11, 2026 3:52 PM

Cabinet approves 8.45-km Aqua Line Metro Extension from Noida Sector 51 to Greater Noida Sector 4

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the extension of the Aqua Line Metro corridor from Noida Sector 51 to Greater Noida Sector 4. The 8.449-km extension will comprise five elevated stations and form part of the Noida Metro Rail Project. Once operational, the new corridor will take the total active Metro rail network in Noida and Greater Noida to 71.878 km. The project is expected to strengthen public transport connectivity between the two cities and improve ...

November 5, 2026 1:25 AM

PM Modi hails Cabinet decisions on faster justice, energy storage and critical minerals

Prime Minister Narendra Modi on Wednesday welcomed Union Cabinet decisions on fast-track courts, energy storage, statistical reforms and critical mineral processing, saying they would accelerate justice delivery, strengthen energy security and build domestic capabilities. In posts on X, the Prime Minister highlighted the continuation of the Centrally Sponsored Scheme for Fast Track Special Courts, including exclusive POCSO courts, for five years from April 1, 2026. “From less delay to faster...

November 4, 2026 5:15 PM

Cabinet approves two-year extension for Agniveers, opens pathway to regular service for all eligible personnel

The Union Cabinet on Wednesday approved an additional two-year engagement period for Agniveers not selected for regular service after their initial four-year tenure, creating a pathway for all willing personnel to join the regular armed forces, subject to meeting selection criteria. The existing provision to offer regular employment to 25 per cent of Agniveers based on merit will continue. The remaining 75 per cent will be offered a further two years of service, depending on their willingness. ...

November 4, 2026 4:25 PM

Cabinet approves ₹14,500-crore scheme to develop 92 GWh grid-scale energy storage capacity

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a ₹14,500 crore Viability Gap Funding (VGF) Scheme to support the development of 92 Gigawatt-hours (GWh) of grid-scale energy storage capacity across the country between 2026-27 and 2030-31. The scheme aims to strengthen India's power infrastructure, facilitate large-scale integration of renewable energy and ensure reliable, affordable and round-the-clock electricity supply. Under the initiative, the government...

November 4, 2026 4:14 PM

Cabinet approves Rs 2,814-crore scheme to boost domestic lithium, nickel processing

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a Rs 2,814-crore Capital Expenditure (Capex) Support Scheme to promote domestic processing of critical minerals, including lithium and nickel, over five years from FY 2026-27 to 2030-31. The scheme aims to strengthen India's domestic critical mineral processing capabilities, reduce import dependence and develop resilient supply chains amid the geographical concentration of processing facilities in a few countries....

November 4, 2026 4:04 PM

Cabinet approves ₹3,788 crore for fast-track courts to expedite rape, POCSO trials

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the Centrally Sponsored Scheme for Fast Track Special Courts (FTSCs), including exclusive POCSO Courts, for another five years, from April 1, 2026, to March 31, 2031. The extended scheme has a total financial outlay of ₹3,788.04 crore, comprising a Central share of ₹2,353.15 crore and a State and Union Territory share of ₹1,434.89 crore. The Central government's contribution will be funde...

November 4, 2026 4:26 PM

Cabinet approves Rs 4,371-crore VISTAR scheme to modernise India’s statistical system

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Viksit Bharat Initiative for Statistical Transformation, Analytics and Research (VISTAR), a central sector scheme with an outlay of Rs 4,371.10 crore for the period 2026-27 to 2030-31. Aligned with the government's Viksit Bharat 2047 vision, the scheme aims to modernise India's official statistical system by improving data timeliness, accuracy, granularity and interoperability while integrating artificial intelligence ...