NEW DELHI: The Union Cabinet on Wednesday approved five major decisions, including the extension of the Aqua Line Metro corridor from Noida Sector 51 to Greater Noida Sector 4, the development of the Yuge Yugeen Bharat Museum in the North and South Block buildings in Delhi, and a Rs 62,370 crore fertiliser subsidy for the 2026-27 rabi season.The Cabinet also approved the continuation of credit guarantee schemes to support micro entrepreneurs, as well as women and entrepreneurs from Scheduled Castes and Scheduled Tribes.Briefing reporters after the Cabinet meeting, chaired by Prime Minister Narendra Modi, Union minister Ashwini Vaishnaw said the decisions were aimed at strengthening infrastructure, supporting farmers and encouraging entrepreneurship.“Today, PM Narendra Modi took five major decisions in the Cabinet. The first is the establishment of a new Yuge Yugeen Bharat National Museum, which will showcase India’s cultural heritage in a very beautiful manner. It will be the world’s largest museum. Second, the Cabinet has approved a metro rail project from Noida to Greater Noida. Third, a fertiliser subsidy of Rs 62,370 crore has been approved for our farmers for the Rabi season. Fourth, a credit guarantee fund of Rs 5,000 crore has been approved under the MUDRA scheme for young people aspiring to become entrepreneurs. A credit guarantee fund of Rs 4,111 crore has also been approved under the Stand-Up India scheme for SC, ST and women entrepreneurs…” he said.Aqua Line to be extended to Greater Noida Sector 4The Cabinet approved the extension of the Noida-Greater Noida Metro’s Aqua Line from Noida Sector 51 to Greater Noida Sector 4 at an estimated cost of Rs 2,390 crore.The 8.449-km corridor will have five elevated stations and is expected to be completed in four years. Once operational, it will take the combined active metro network in Noida and Greater Noida to 71.878 km, according to an official statement.Vaishnaw said the extension would improve connectivity to IT companies and global capability centres in the area, while also linking commuters to other parts of Delhi and the airport.“The second decision taken today is regarding metro connectivity between Noida and Greater Noida. If we look at this map, you can see the Aqua Line. The new project approved today will extend the line from Noida Sector 51 to Greater Noida Sector 4. Several IT industries and Global Capability Centres (GCCs) are established in this area, and this project will provide connectivity to all of them. Once the Aqua Line is extended, it will also provide connectivity to other parts of Delhi and the airport,” he said.Rs 3,230 crore for Yuge Yugeen Bharat MuseumThe Cabinet Committee on Economic Affairs (CCEA) approved Rs 3,230 crore for the development of the Yuge Yugeen Bharat Museum in the historic North and South Block complex in New Delhi.The project will involve the adaptive reuse of the two buildings, preserving their architectural character and heritage significance while converting them into a public cultural institution.Spread across a proposed built-up area of around 1,78,509 square metres, the museum will showcase India’s civilisational heritage through displays of its tangible and intangible cultural traditions. It will use contemporary museum practices, immersive technologies and visitor-focused interpretation.The government has described it as a potential global landmark, with the world’s largest museum display area.Rs 62,370 crore fertiliser subsidy for rabi seasonThe Cabinet approved a subsidy of Rs 62,370 crore on phosphatic and potassic (P&K) fertilisers for the 2026-27 rabi season, covering the period from October 2026 to March 31, 2027.The subsidy will be provided under the Nutrient Based Subsidy (NBS) scheme for fertilisers, including di-ammonium phosphate (DAP) and NPKS grades, to ensure their availability to farmers at affordable prices.Vaishnaw said fertiliser prices had risen sharply due to the West Asia crisis and the Russia-Ukraine war. The government, he said, would absorb the additional burden to protect farmers. He also said the retail price of a 50-kg bag of DAP would remain unchanged at Rs 1,350.Credit guarantee schemes extendedThe Cabinet approved the extension of the Credit Guarantee Fund for Micro Units (CGFMU) until March 2031, continuing collateral-free credit support under the Pradhan Mantri Mudra Yojana (PMMY).The scheme provides credit guarantee coverage to lending institutions through the National Credit Guarantee Trustee Company Limited (NCGTC), protecting them against the risk of loan defaults.Since the launch of PMMY, more than 60.36 crore loans worth Rs 43.34 lakh crore had been sanctioned by lending institutions as of September 2026. The Cabinet also approved a Rs 5,000-crore corpus to facilitate PMMY loans amounting to Rs 12.6 lakh crore, an official release said.Launched in January 2016, CGFMU has played a key role in supporting the growth of Mudra loans, the release added.The Cabinet also approved the continuation of the credit guarantee fund under the Stand-Up India scheme for five years. The Rs 4,111-crore fund will support women and entrepreneurs from Scheduled Castes and Scheduled Tribes.