Noida Metro To Rs 62,000 Crore Farm Subsidy: Cabinet Clears Big-Ticket Decisions

The Cabinet has also cleared two credit guarantee funds. These include Rs 5,000 crore for Micro Units and Rs 4,111 crore for the Stand-Up India scheme.

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File image of a Cabinet meeting chaired by PM Modi
(Photo: PTI)
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  • The Union Cabinet approved the Rs 2,390 crore Greater Noida-Noida metro rail project
  • Rs 62,370 crore fertiliser subsidies were approved for the upcoming rabi season
  • Two credit guarantee funds were cleared, totaling Rs 9,111 crore in support
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The Union Cabinet has approved a series of proposals covering urban transport, agricultural support and credit access for small businesses. The approvals include a Rs 2,390-crore Greater Noida-Noida metro rail project and Rs 62,370 crore in fertiliser subsidies for the upcoming rabi season.

The Cabinet has also cleared two credit guarantee funds. These include Rs 5,000 crore for Micro Units and Rs 4,111 crore for the Stand-Up India scheme.

The fertiliser subsidy accounts for the largest allocation among the four approvals. It aims to support farmers during the rabi cropping season by helping maintain access to fertilisers at affordable prices.

(This is a developing story)

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