1. Home
  2. Blog
  3. UPSC

Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024


Why is it in the news?

  • The Union Cabinet has approved the Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024.

More about the news

  • The scheme is designed to catalyse industrial development and employment generation in the states of the Northeast Region of India.
  • It aims to create gainful employment opportunities, leading to the overall socio-economic advancement and productive economic activities in both the manufacturing and service sectors.
  • UNNATI operates over a span of 10 years, with 8 years of committed liabilities, ensuring sustained support for industrial growth and employment generation.
  • All new industrial units and expanding units are eligible to benefit from the scheme, encouraging both the establishment of new ventures and the expansion of existing ones.
  • Each unit can receive a maximum benefit of up to Rs. 250 Crore from all components of the scheme, providing substantial support for industrial development.
  • Green industries such as EV charging stations are included in the positive list, while industries with potential environmental impacts like cement and plastic are placed in the negative list.
  • Districts are categorized into two zones: Zone A comprises industrially advanced districts, while Zone B consists of industrially backward districts, ensuring tailored support for different regions.
  • Scheme Parts: Part A focuses on providing incentives for eligible units to facilitate their growth and development. Part B is dedicated to the implementation and institutional arrangements necessary for the successful execution of the scheme.
  • Sixty percent of the outlay of Part A is earmarked for the 8 Northeastern states, ensuring a targeted approach towards the region’s development. The remaining 40% is allocated on a First-In First-Out basis, optimizing resource utilization.
  • The Department for Promotion of Industry and Internal Trade (DPIIT) spearheads the implementation of UNNATI in collaboration with the concerned states, ensuring effective execution and monitoring.
Other Schemes for Development in North East Region

路聽聽聽聽聽聽 PM DevINE Scheme: This scheme focuses on funding infrastructure and social development projects based on the felt needs of the Northeastern States, ensuring holistic development.

路聽聽聽聽聽聽 NITI Forum for North East: The forum is dedicated to promoting inclusive and sustainable economic growth in the Northeast region, fostering collaboration between the government, industry, and other stakeholders.

路聽聽聽聽聽聽 North East Special Infrastructure Development Scheme: This scheme aims to create essential infrastructure such as water supply, power connectivity, education, and healthcare facilities, laying the foundation for long-term growth and prosperity in the region.

 

Get free UPSC Updates straight to your inbox!

Get Updates on New Notification about APPSC, TSPSC and UPSC

Get Current Affairs Updates Directly into your Inbox

Discover more from AMIGOS IAS

Subscribe now to keep reading and get access to the full archive.

Continue reading