New Delhi, July 31 -- The government on Thursday approved a raft of decisions aimed at boosting rural lending, expanding food processing infrastructure, and strengthening India's railway network-all with an eye on improving farm incomes and economic connectivity.

The decisions were taken at a meeting of the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi.

Among the key measures was the approval of a Rs.2,000 crore central sector scheme titled Grant-in-Aid to the National Cooperative Development Corporation (NCDC). The scheme will run for four years, from FY26 to FY29.

The enhanced capital infusion will allow the NCDC to raise roughly Rs.20,000 crore from markets during this period. This in turn will enabl...