<h1>Cabinet Approves Exclusion of Most States from NSSF Investments; Rs. 45,000 Crore Loan for Food Subsidy to FCI.</h1> The Union Cabinet, led by the Prime Minister, approved the exclusion of most State Governments and Union Territories with Legislatures, except Arunachal Pradesh, Delhi, Kerala, and Madhya Pradesh, from National Small Savings Fund (NSSF) investments starting April 1, 2016. A one-time loan of Rs. 45,000 crore from NSSF will be provided to the Food Corporation of India (FCI) to meet food subsidy needs. The decision aligns with the Fourteenth Finance Commission's recommendations and aims to reduce the government's food subsidy bill by lowering FCI's borrowing costs. States will see increased market borrowings, but overall, the move is expected to benefit the central government's financial position.