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Union Cabinet extends Mudra loan guarantee scheme till March 2031, approves Rs 5,000 crore corpus

New Delhi, November 11: In a major initiative to strengthen financial support for micro-enterprises and promote entrepreneurship, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a five-year extension of the Credit Guarantee Fund for Micro Units (CGFMU) until March 2031. The Cabinet approved a corpus of Rs 5,000…
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