Context:
The Union Cabinet chaired by Prime Minister of India approved the proposal of the Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade for Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI – 2024).
Relevance:
GS II: Government Policies and Interventions
About Uttar Poorva Transformative Industrialization Scheme (UNNATI)
Objective:
- Develop industries and generate employment in the North East Region.
- Create productive economic activity in manufacturing and services.
Duration and Financial Outlay:
- Effective from the date of notification until March 31, 2034 (inclusive of 8 years of committed liabilities).
- Financial outlay of Rs. 10,037 crore for the 10-year scheme period.
- Central Sector Scheme with Rs. 9,737 crore for incentives (Part A) and Rs. 300 crore for implementation and institutional arrangements (Part B).
Salient Features:
- Application period for registration: From the date of notification to March 31, 2026.
- Production Commencement: Eligible units to start production or operation within 4 years from registration.
- District Categorization: Zones A (Industrially Advanced Districts) and B (Industrially Backward Districts).
- Earmarking of Funds: 60% of Part A outlay allocated to 8 NE states, and 40% on First-In-First-Out (FIFO) basis.
- Eligibility: New and expanding industrial units.
Implementation:
- Overseen by the Department for Promotion of Industry and Internal Trade (DPIIT) in collaboration with states.
- National and state-level committees, including the Steering Committee and State Level Committee, will monitor implementation, ensure transparency, and recommend registrations and incentives claims.
