Short Update
Cabinet extends PM Mudra credit guarantee fund to 31 March 2031
Union Cabinet has approved continuing the Credit Guarantee Fund for Micro Units under Pradhan Mantri Mudra Yojana for five years, until 31 March 2031.
Information and Broadcasting Minister Ashwini Vaishnaw said the approved guarantee outlay is ₹5,000 crore and is expected to support Mudra loans worth ₹12.60 lakh crore.