A Union Cabinet meeting chaired by Prime Minister Narendra Modi approved a package of measures covering farmers, micro and small businesses, women entrepreneurs and the preservation of India’s cultural heritage, according to a by Uttarakhand Chief Minister Pushkar Dhami on X.
The decisions include more than ₹62,370 crore in fertiliser subsidies for the Rabi 2026-27 season. The stated aim is to help ensure that farmers can obtain fertilisers at affordable prices.
Support for micro units and entrepreneurs
The cabinet also approved the continuation of the credit guarantee fund under the Pradhan Mantri Mudra Yojana until 2031. The fund will have a corpus of ₹5,000 crore, .
The measure is intended to provide financial support to micro units and small entrepreneurs. Credit guarantees can help eligible borrowers access loans by reducing the lending risk faced by financial institutions, although did not provide further operational details.
The Stand-Up India scheme will also be extended for 5 years. It has a target of providing financial assistance to 2.5 lakh new entrepreneurs.
The stated beneficiaries include women and young people from Scheduled Castes and Scheduled Tribes. The support is intended to help them start businesses and pursue greater economic self-reliance.
Cultural heritage museum
Another decision concerns the ‘Yuge Yugeen Bharat Museum’. The project is intended to preserve India’s civilisational and cultural heritage and make it accessible to future generations.
The announcement places the museum initiative alongside the farmer and enterprise measures as part of the cabinet decisions described in . No further details about the museum’s location, timeline or implementation were provided in the available material.
For farmers, the immediate reported focus is the subsidy allocation for the Rabi 2026-27 season. For small businesses and prospective entrepreneurs, the continuation of the credit guarantee fund and the extension of Stand-Up India are the key announced measures.
The available announcement does not specify the date on which the cabinet meeting took place or provide details about how the approved funds will be disbursed. Further implementation information would be needed to assess the effect on individual farmers, borrowers and applicants.
Conclusion
The cabinet decisions reported by Pushkar Dhami cover fertiliser affordability for farmers, credit support for micro units, new opportunities for women and SC and ST entrepreneurs, and the preservation of India’s cultural heritage.
Frequently Asked Questions
Q. How much fertiliser subsidy was approved for Rabi 2026-27?
More than ₹62,370 crore was approved for fertiliser subsidies for the Rabi 2026-27 season.
Q. How long will the Mudra credit guarantee fund continue?
The credit guarantee fund under the Pradhan Mantri Mudra Yojana is approved to continue until 2031.
Q. What is the size of the approved Mudra fund?
The approved corpus is ₹5,000 crore.
Q. How many new entrepreneurs does the extended Stand-Up India scheme target?
The scheme targets financial assistance for 2.5 lakh new entrepreneurs over 5 years.
Q. Who are among the intended beneficiaries of Stand-Up India support?
The stated beneficiaries include women and young people from Scheduled Castes and Scheduled Tribes.
