Cabinet passes resolution on explosion near Red Fort in Delhi

13/11/2025

NEW DELHI, Nov 12: The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, expressed its profound grief over the loss of lives in the terrorist incident involving a car explosion near the Red Fort in Delhi on the evening of 10 November 2025. The Cabinet observed two minutes’ silence in honour of innocent lives lost.
The Cabinet also adopted the following Resolution:
The country has witnessed a heinous terror incident, perpetrated by anti-national forces, through a car explosion near the Red Fort on the evening of 10 November 2025. The explosion resulted in multiple fatalities, and caused injuries to several others.
The Cabinet pays its solemn respects to the victims of this senseless act of violence and conveys its heartfelt condolences to the bereaved families.
The Cabinet prays for the speedy recovery of all those injured, and appreciates the prompt efforts of the medical personnel and emergency responders, who have been providing care and support to the victims.
The Cabinet unequivocally condemns this dastardly and cowardly act that has led to the loss of innocent lives.
The Cabinet reiterates India’s unwavering commitment to a policy of zero tolerance towards terrorism in all its forms and manifestations.
The Cabinet also recorded its appreciation for the statements of solidarity and support from many Governments around the world.
The Cabinet notes with appreciation the timely and coordinated response of the authorities, security agencies, and citizens who acted with courage and compassion in the face of adversity. Their dedication and sense of duty are deeply commendable.
The Cabinet directs that the investigation into the incident be pursued with the utmost urgency and professionalism so that the perpetrators, their collaborators, and their sponsors are identified and brought to justice without delay. The situation continues to be closely monitored at the highest levels of the government.
The Cabinet reaffirms the Government’s steadfast resolve to safeguard the lives and well-being of all Indians, consistent with its enduring commitment to national security and the safety of every citizen.
In a bid to promote exports, Union Cabinet on Wednesday approved introduction Credit Guarantee Scheme for Exporters (CGSE) for providing 100 per cent credit guarantee coverage by National Credit Guarantee Trustee Company Ltd (NCGTC) to Member Lending Institutions (MLIs) for extending additional credit facilities up to Rs 20,000 crore to eligible exporters, including MSMEs.
The scheme shall be implemented by Department of Financial Services (DFS) through NCGTC to provide additional credit support by MLIs to the eligible exporters, including MSMEs, Information and Broadcasting Minister Ashwini Vaishnaw said while briefing Cabinet meeting decision headed by Prime Minister Narendra Modi.
A management committee formed under the chairmanship of secretary, DFS, will oversee the progress and implementation of the scheme, he said.
The scheme is expected to enhance the global competitiveness of Indian exporters and support diversification into new and emerging markets, he said.
By enabling collateral-free credit access under CGSE, it will be strengthen liquidity, ensure smooth business operations, reinforce India's progress towards achieving the USD 1-trillion export target, he said, adding that this will further reinforce India's journey towards Aatmanirbhar Bharat.
Exports are a critical pillar of the Indian economy, accounting for nearly 21 per cent of GDP in 2024-25 and contributing significantly to foreign exchange reserves.
Export-oriented industries directly and indirectly employ over 45 million people with MSMEs contributing nearly 45 per cent of total exports.
Sustained export growth has been instrumental in supporting India's current account balance and macroeconomic stability.
It is important to extend enhanced financial assistance and adequate time to exporters for diversifying their markets and enhance global competitiveness of Indian exporters.
Accordingly, proactive government intervention to provide additional liquidity support will ensure business growth and also enable expansion of markets.

Photo Gallery

BSE Sensex

NSE Nifty