Cabinet Approves Rs 5,000 Cr SIDBI Infusion, Extends Atal Pension to 2030-31

 

In this file photo, Prime Minister Narendra Modi reviews the model of 
Kaziranga Elevated Corridor, in Assam on January 18, 2026. (PIB)

India PM | January 21, 2026: Your Essential Daily Briefing on India's Prime Minister

Harrdiip Bedii 

The India PM Newsletter for January 21, 2026 highlights Cabinet approval for Rs 5,000 crore equity infusion into SIDBI, extension of Atal Pension Yojana till 2030-31, PM Modi sharing Sanskrit verse on spirit of continuous effort and progress, and extending greetings to people of Meghalaya, Manipur, and Tripura on their Statehood Days.

NEWS IN DETAIL

Cabinet Approves Rs 5,000 Crore Equity Infusion into SIDBI

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an equity support of Rs 5,000 crore to the Small Industries Development Bank of India (SIDBI).

The equity will be infused by the Department of Financial Services (DFS) in three tranches: Rs 3,000 crore in FY 2025-26 at the book value of Rs 568.65 as on March 31, 2025, and Rs 1,000 crore each in FY 2026-27 and FY 2027-28 at the respective previous year’s book values.

Post infusion, the number of MSMEs expected to receive financial assistance will rise from 76.26 lakh at the end of FY 2025 to approximately 102 lakh by FY 2028, adding around 25.74 lakh new beneficiaries.

Based on the latest data from the Ministry of MSME, 6.90 crore MSMEs generate employment for 30.16 crore people, averaging 4.37 persons per enterprise. This expansion is projected to create employment for an estimated 1.12 crore people by FY 2027-28.

With a growing portfolio and expansion of digital, collateral-free credit products and venture debt for start-ups, SIDBI’s risk-weighted assets are expected to increase. The equity infusion will help maintain a healthy Capital to Risk-weighted Assets Ratio (CRAR) above 10.50% under high-stress scenarios and above 14.50% under Pillar 1 and Pillar 2 requirements over the next three years.

Maintaining a strong CRAR will protect SIDBI’s credit rating, enable it to raise resources at fair interest rates, and increase the flow of credit to MSMEs at competitive costs.

Cabinet Extends Atal Pension Yojana to 2030-31

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved continuation of Atal Pension Yojana (APY) up to FY 2030-31, extending funding for promotional activities, capacity building among unorganised workers, and gap funding to ensure scheme viability.

APY guarantees minimum pensions of Rs 1,000-5,000 monthly from age 60 for low-income unorganised sector workers.

It was launched May 9, 2015 to provide old-age income security and boost financial inclusion. As of January 19, 2026, over 8.66 crore subscribers enrolled, making it central to India’s social security framework and Viksit Bharat@2047 vision.

Extension sustains outreach, awareness and viability bridging, supporting transition to pensioned society for millions.

PM Shares Sanskrit Verse Highlighting Spirit Of Continuous Effort and Progress

Prime Minister Narendra Modi on Wednesday extended his warm greetings to the people of Manipur, Meghalaya and Tripura as the three North Eastern states celebrate their Statehood Day.

The Prime Minister conveyed his heartfelt wishes to all brothers and sisters of the region and expressed hope that, through their own efforts, they achieve success in every sphere of life.

On the occasion, the Prime Minister also shared a Sanskrit verse highlighting the spirit of continuous effort and progress.

“चरैवेति चरैवेति चरन्वै मधु विन्दति।
सूर्यास्य पश्य श्रेमाणं न मामार न जीर्यति॥”

The verse conveys that one must keep moving and keep advancing, as only a consistently diligent person can taste the sweetness of progress, just as the sun tirelessly and endlessly illuminates the world with its energy.





PM Greets People of Meghalaya on Statehood Day

Prime Minister Narendra Modi on Wednesday extended greetings to the people of Meghalaya on the occasion of their Statehood Day.

The Prime Minister posted on X: “I convey my heartfelt greetings to the people of Meghalaya on their Statehood Day. The people of Meghalaya have made strong contributions to the development of our nation. The state’s cultural vibrancy and scenic beauty are widely admired. May Meghalaya keep scaling new heights of development in the future.”

Prime Minister Extends Greetings on Manipur Statehood Day

Prime Minister Narendra Modi on Wednesday extended greetings on Manipur Statehood Day.

In a post on X, PM Modi said: “On the occasion of Manipur Statehood Day, I extend my warm greetings to my sisters and brothers of the state. People from Manipur are enriching the progress of India. This state’s passion towards sports, culture and nature is noteworthy. May the state continue to move forward on the path of development in the times to come.”

PM Modi Greets People of Tripura on Statehood Day

Prime Minister Narendra Modi on Wednesday greeted the people of Tripura on the occasion of the Statehood Day.

The Prime Minister posted on X: “Warm greetings to the people of Tripura on their Statehood Day. Tripura’s journey is marked by a remarkable blend of tradition and modernity. The state has witnessed pioneering transformations in diverse fields and its people are adding momentum to India’s growth trajectory. I pray that Tripura prospers significantly in the coming times.”


Post a Comment

Previous Post Next Post

Contact Form