12-November-2026
Economy News
 
Cabinet extends Mudra credit guarantee and Stand-Up India schemes till 2031
12-Nov-2026

The Cabinet on Wednesday approved the continuation of the Rs 5,000-crore credit guarantee fund for micro units (CGFMU), facilitating Rs 12.6 lakh crore in Mudra loans, and extended the Stand-Up India Scheme until March 31, 2031, targeting 250,000 additional women and SC/ST entrepreneurs.

News Source:- https://www.financialexpress.com/policy/economy-cabinet-extends-mudra-credit-guarantee-and-stand-up-india-schemes-till-2031-4381833/?ref=economy_hp