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UNNATI – 2024

UNNATI – 2024:

The Union Cabinet approved the Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI – 2024) for a duration of 10 years, to incentivize investors to set up new units or expand existing ones.

  • The Uttar Poorva Transformative Industrialization Scheme (UNNATI – 2024) is a 10-year Central Sector Scheme aimed at fostering industrial development and employment generation in the Northeast Region (NER).
  • Certain industries are kept on a positive list, while others are on a negative list to maintain environmental balance.
  • Scheme Period: 10 years with an additional 8 years for committed liabilities
  • Eligibility: All new industrial units and expanding units
  • It offers incentives to new and expanding industrial units, with a maximum benefit of Rs 250 crore per unit
  • Categorization of Districts Zone A (Industrially Advanced Districts) & Zone B (Industrially Backward Districts)
  • Implementation Agency: Department for Promotion of Industry and Internal Trade (DPIIT)