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Sarkari Yojana
Union Cabinet Extends Stand‑Up India and Mudra Yojana Funding for Five Years
✍️ Hindustan Times
🗓 12 Nov 2026, 07:24 AM
👁 8
The Union Cabinet approved an additional ₹4,111 crore for Stand‑Up India and ₹5,000 crore for the Micro Units fund under Pradhan Mantri Mudra Yojana, extending both schemes for five more years.
The Union Cabinet has decided to prolong two flagship credit schemes – Stand‑Up India and the Micro Units Development and Refinance Agency (Mudra) – for another five years. The extension comes with a fresh infusion of capital, earmarking ₹4,111 crore for the Stand‑Up India fund and ₹5,000 crore for the Mudra micro‑units component.
Stand‑Up India, launched to facilitate bank loans for women and SC/ST entrepreneurs, will now have a larger pool of resources to meet its target of financing at least 10,000 new enterprises annually. The Mudra Yojana, which supports micro‑enterprises across the country, receives a dedicated fund to strengthen its refinance mechanism and broaden outreach to underserved borrowers.
By bolstering these schemes, the government aims to deepen financial inclusion, stimulate job creation and accelerate the growth of micro, small and medium enterprises (MSMEs). The additional allocations are expected to translate into increased credit flow, especially in tier‑2 and tier‑3 towns where access to formal finance remains limited.
The decision reflects the administration’s continued emphasis on entrepreneurship as a driver of economic recovery and long‑term resilience, aligning with broader policy goals of inclusive growth and rural development.
Stand‑Up India, launched to facilitate bank loans for women and SC/ST entrepreneurs, will now have a larger pool of resources to meet its target of financing at least 10,000 new enterprises annually. The Mudra Yojana, which supports micro‑enterprises across the country, receives a dedicated fund to strengthen its refinance mechanism and broaden outreach to underserved borrowers.
By bolstering these schemes, the government aims to deepen financial inclusion, stimulate job creation and accelerate the growth of micro, small and medium enterprises (MSMEs). The additional allocations are expected to translate into increased credit flow, especially in tier‑2 and tier‑3 towns where access to formal finance remains limited.
The decision reflects the administration’s continued emphasis on entrepreneurship as a driver of economic recovery and long‑term resilience, aligning with broader policy goals of inclusive growth and rural development.