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)
