The Union Cabinet chaired by the Prime Minister Modi has approved 5 schemes worth Rs 77,101 crore for the general public, farmers and businessmen ...Read more

PM Modi Cabinet Decisions Today: Five major decisions were made at the Union Cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday, with a total budget of ₹77,101 crore, in the interest of the general public, farmers, and businesses. These decisions will provide a new boost to the country's infrastructure, agriculture, and small industries.

1. Extension of Noida-Greater Noida Metro

The Cabinet has approved the expansion of the Noida Aqua Line Metro Rail Corridor ( Aqua Line Metro Expansion ). Five new metro stations will be built along the 8.449-kilometer stretch between Noida Sector 51 and Greater Noida Sector 04. The entire project will cost ₹2,390 crore.

Upon its completion, the total active metro network in both cities will reach 71.878 kilometers. This extension will directly connect major commercial and office hubs such as Gaur City Mall, Blue Sapphire Mall, IKEA, and Tech Mahindra. This will reduce road traffic and make travel easier for daily commuters.

2. The world's largest 'Age-old India Museum'

To showcase India's rich historical heritage to the world, the "Age-Yugeen Bharat Museum" will be built in Delhi's historic North and South Blocks. This grand project will cost ₹3,230 crore. Its first gallery will open to the public in 2027, and is expected to attract 10 million tourists annually.

3. Fertilizer subsidy approved for farmers

In a major relief to farmers during the Rabi season (October to March), the Union Cabinet has approved ₹62,370 crore in fertilizer subsidies. Phosphatic and potassic fertilizers will be made available to farmers at affordable and controlled prices under the Nutrient Based Subsidy (NBS) system.

4. Strengthening small businesses and the Mudra scheme

To strengthen the financial well-being of small businesses, the Cabinet approved the continuation of the Micro Units Credit Guarantee Fund. A provision of ₹5,000 crore has been made, which will guarantee loans up to ₹12.6 lakh crore under the Pradhan Mantri Mudra Yojana (PM MUDRA Credit Guarantee Scheme). This will make it easier for banks to lend to small businesses.

5. Strengthening the Stand Up India scheme

A credit guarantee fund of ₹4,111 crore has been approved for the "Stand Up India" scheme, which encourages self-employment and new entrepreneurs. This will enable new entrepreneurs to easily access institutional loans to start or expand their businesses.