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12Nov 2026
MUDRA Credit Guarantee Extended Till 2031
GOVERNMENT EXTENDS MICRO CREDIT GUARANTEE SCHEME UNTIL 2031 WHY IN THE NEWS ? Cabinet Approval: The Union Cabinet has approved the continuation of the Credit Guarantee Fund for Micro Units (CGFMU) for five years, until March 2031. Financial Support: The scheme will facilitate approximately ₹12.6 lakh crore in PM Mudra loans, strengthening collateral-free credit access …
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